Loan facilitator

Internet-based auto financier Yixin Group announced Wednesday its total financing for automobiles rose 30% to 17.7 billion yuan in the third quarter of 2023.

FAST NEWS: Yixin’s auto financing jumps on strong EV demand

The latest: Internet-based auto financier Yixin Group Ltd. (2858.HK) announced Wednesday its total financing for automobiles rose 30% to 17.7 billion yuan ($2.48 billion) in the third quarter of 2023. Looking up: The…
2858.HK

FAST NEWS: Lufax swings to loss as new lending tumbles

The latest: Lufax Holding Ltd. (LU.US), the largest of China’s private online loan facilitators, reported its revenue fell 22% to 12.32 billion yuan ($1.79 billion) in the fourth quarter, while…
LU.US

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