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b'Peer-to-peer or P2P lending is a way of financing debt online so that people can borrow and lend money without going through a financial institution, like a bank. P2P, also known as social lending or crowd lending, has no need for a middleman and has emerged as an alternative to traditional lending institutions around the world.\\n\\nAn Asian Development Bank Institute study using data from Renrendai, one of the largest P2P lending platforms in the People\\u2019s Republic of China, found something interesting about the use of punctuation marks in P2P lending. \\n\\nWho would have thought that the number of punctuation marks used in borrowers\\u2019 text could influence funding probability, borrowing rate, and default of loans in the peer-to peer lending market?\\n\\nRead the transcript\\nhttp://bit.ly/2HVBmM7\\n\\nRead the working paper\\nhttps://www.adb.org/publications/role-punctuation-p2p-lending-evidence-prc\\n\\nAbout the authors\\nXiao Chen is a PhD student at Jinan University, People\\u2019s Republic of China.\\n\\nBihong Huang is a research fellow at ADBI.\\n\\nDezhu Ye is a professor of finance at Jinan University.\\n\\nKnow more about ADBI\\u2019s work on peer-to-peer lending\\nhttp://bit.ly/2GTNFqP'