Hong Kong start-up VCredit has prospered in China’s cutthroat online financing market by playing by the rules, its founder says. Photo: Reuters

How going by the book helped Hong Kong start-up VCredit weather China’s breakneck consumer finance market

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

Topic |   IPO

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Hong Kong start-up VCredit has prospered in China’s cutthroat online financing market by playing by the rules, its founder says. Photo: Reuters
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Laura He

Laura He

Before joining the Post, Laura worked for MarketWatch and The Wall Street Journal Digital Network in San Francisco and Hong Kong. She has also worked for Forbes in San Francisco and had stints at Xinhua News Agency as economics editor, anchor and financial correspondent in both Beijing and Hong Kong. She has an MA degree in digital journalism from Stanford University and passed CFA exams.