Emerging fintech player Yirendai Ltd. is well positioned in the expanding Chinese P2P lending industry.
P2P lending has a potentially huge market in China that could actually be enhanced by the government's development of its Social Credit System.
Yirendai has strong revenue growth, a good return on equity, an attractive valuation, a nice cash flow, is free of debt, and plans on continuing to pay a dividend.
An uptrend is on the company's price chart, reinforced by 50-DMA, 200-DMA, and Relative Strength technical indicators.
Read the rest here.
P2P lending has a potentially huge market in China that could actually be enhanced by the government's development of its Social Credit System.
Yirendai has strong revenue growth, a good return on equity, an attractive valuation, a nice cash flow, is free of debt, and plans on continuing to pay a dividend.
An uptrend is on the company's price chart, reinforced by 50-DMA, 200-DMA, and Relative Strength technical indicators.
Read the rest here.
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