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PPDF - Chinese FinTech Industry: An Update On Regulation And Market Movement
PPDAI Group Inc. American Depositary Shares each representing five Class A
Investment Thesis
In our previous article on Chinese FinTech sector earlier this year, we concluded that the outlook on the market was still not clear that time. Recent regulatory changes and Q2 earnings results from the companies lead us to believe that the industry is heading to a stabilized stage, which presents good opportunity for long-term investors. Companies that are delivering great growth numbers and are valued at discount should be on the radar of investors.
An Update on Regulatory Changes
The FinTech industry has been one of the most intensively regulated sectors in China.