China's growth slowdown and the U.S.-China trade war are creating exceptional buying opportunities in Chinese companies. It is not too early to anticipate a reacceleration of the Chinese economy and, in early phases on a new economic expansion, financial stocks tend to do well. While the big names such as Ping An (PNGAY) and China Construction Bank (CICHY) get more investor attention, today we propose a smaller, off-the-radar Chinese financial: LexinFintech.
Chinese financial stocks are making a comeback after surging bond defaults, souring loans and a domestic liquidity crunch made investors