Hexindai had around 50,000 active borrowers and 110,000 investors at the end of June, and facilitated 9.7 billion yuan worth of loans since its founding in 2014 to date, according to the company. Photo: Bloomberg

Chinese peer-to-peer lender Hexindai shrugs off tighter scrutiny concerns, rising more than 60pc on Nasdaq debut

Zhang Qisen, Hexindai CFO: ‘In the next two years, there’s unlikely to be any new regulations rolled out by the authorities as there is already a set of established rules for the P2P sector’

Topic |   Peer-2-Peer

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Hexindai had around 50,000 active borrowers and 110,000 investors at the end of June, and facilitated 9.7 billion yuan worth of loans since its founding in 2014 to date, according to the company. Photo: Bloomberg
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