QFIN - Fear Creates An Opportunity In Chinese Lending

There is a lot of fear concentrated in the Chinese financial sector at the moment as tightening regulations, rampant fraud, and a trade war threaten the balance. I always consider market fear to be an opportunity in the making.

360 Finance Inc. (QFIN) has taken on a deeply discounted valuation alongside peer-to-peer (P2P) lending firms despite operating adjacent to the industry. The company’s CFO explains its position well:

I need to emphasize that we don’t offer peer-to-peer lending... Almost all of the money we are lending to users is from financial institutions. We

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