Chinese P2P loans service Dianrong today announced it has raised fresh funding from Hong Kong’s leading financial institution, Sun Hung Kai & Co. Limited (SHK), with a view to expansion in Hong Kong and throughout Asia. In addition to the capital, Dianrong also began long-term strategic cooperation with SHK to facilitate its ambitions. Established by Lending Club cofounder Soul Htite in 2012, Dianrong is a Shanghai-based online lending platform where members can borrow and lend money among themselves at better interest rates than a bank typically offers. Following what we have accomplished in mainland China, the model is easily portable to Hong Kong and the rest of Asia”, said Soul. Dianrong has previously raised millions of yuan in angel investment from ZJ Capital in March 2013 and tens of million dollars from Northern Light later in the same year.