T. H. Data Flash – Yirendai – August 2017 & Preliminary 3Q17: Strong Growth of Loan Originations in August and 3Q17E
Higher growth in loan originations may lead to better 3Q17 – According to our proprietary data, total amount of loans facilitated on YRD’s platform is likely to grow 108.6% Y/Y to RMB11,720.7M in 3Q17E (based on July and August data).
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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