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Tian Hou
  • Tian Hou

PPDF: Policy Front Is Getting Close To Settled; PPDF’s Expansion Int...

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.

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