VCREDIT New Registered Users Growth Against Trend, First Payment Delinquency Ratio Reached the Best Historical Record

2021-03-25 Source：ACN Newswire

VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer financial service provider in China, is pleased to announce its audited consolidated annual results for the 12 months ended 31 December 2020 (the "Year")

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VCREDIT Revenue in 2019 Increased by 41.2% Amidst Downturn, Successfully Transformed into a Pure Online Customer Finance Platform

2020-03-24 Source：Yahoo! Finance

VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated annual results for the 12 months ended 31 December 2019 ("the Year").

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Goldman raises VCredit (02003) to HK$10.6

2019-09-16 Source：ET Net News Agency

Goldman Sachs raised its target price for VCredit Holdings (02003) to HK$10.6 from HK$9.3 and maintained its "neutral" rating.

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Buy now, pay later: Tech startups are reviving point-of-sale lending

2018-08-04 Source：Economist

Young people dislike big banks. But they still want consumer credit.

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Internet lending is booming in China

2018-07-11 Source：NIKKEI

With the growth of online shopping in China, the number of consumers who make deferred and credit card payments is increasing sharply, especially among young people.

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Personal Loans Surge to a Record High

2018-07-08 Source：Bloomberg

Personal loans surged to a record this year and are the fastest-growing U.S. consumer-lending category, according to data from credit bureau TransUnion. Outstanding balances rose about 18 percent in the first quarter to $120 billion. Fintech companies originated 36 percent of total personal loans in 2017 compared with less than 1 percent in 2010, Chicago-based TransUnion said.

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VCREDIT Celebrates Public Listing on the Main Board By Donating To The Community Chest

2018-06-22

VCREDIT Holdings Limited was listed on the Main Board of the Stock Exchange of Hong Kong on 21 June 2018 (Thursday) using the auspicious stock code of "2003". The company has made a generous donation of HK$1,000,000 to The Community Chest of Hong Kong on the same occasion.

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VCREDIT: "Smart Finance" Service for Consumers with Credit Records

2018-06-22 Source：Yicai Global

VCREDIT Holdings，dubbed as the "First Share of Smart Finance," ushers in its listing on the Hong Kong Exchanges and Clearing, nearly half a year after ZhongAn Insurance, China's online insurance pioneer, went public.

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China's PE-backed internet finance firm VCREDIT raises $152m in HK IPO

2018-06-20 Source：Dealer Street

VCREDIT Holdings, dubbed as the "First Share of Smart Finance," ushers in its listing on the Hong Kong Exchanges and Clearing, nearly half a year after ZhongAn Insurance, China's online insurance pioneer, went public.

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FT Research: China's online lending industry consolidates from new regulations

2018-06-11 Source：FT

According to a survey by FT Confidential Research, the analysis of data from 11 of the Chinese online lending platforms puts the average loan term since the start of this year at 144 days, or just under five months, while the average size of each loan was just under 150,000 yuan, reflecting the popularity of the platforms for securing car loans.

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