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.
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.
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.
2018-06-11 Source:South China Morning Post
Company is seeking up to US$200 million from its Hong Kong market debut this month and founder Stephen Liu Sai-wang says having a clear business model and complying with laws have helped it prosper.
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