Yiredai news and trends

Chinese Lending Platform Has Rocky US Debut

December 21, 2015
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Chinese Lending Platform Has Rocky US Debut

December 21, 2015
The road to public market riches is a rocky one, sometimes, as evidenced by one recent IPO, that of Yirendai, which is a Chinese P2P lender that is CreditEase’s consumer finance arm. The stock traded nearly 17 percent intraday below the offer price, which indicates some real concerns among investors, as Reuters noted Friday (Dec. […]