PPDF: Policy Front Is Getting Close To Settled; PPDF’s Expansion Into Facilitating State Bank Loans Is Fueling Growth of Loan Amount
PPDF will report 1Q19 results on May 15th before the markets open with an 8am EST conference call. Based on our data and calculations, we believe PPDF’s net revenue in 1Q19 is likely to be better than consensus revenue at RMB 1,247M. Actually, the business performance is less important compared with the impact of regulations.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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