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Hexindai Priced, Nasdaq: HX

Chinese marketplace for peer-to-peer lending.

Industry: Technology

First Day Return: +26.6%

We are a fast-growing consumer lending marketplace facilitating loans to meet the increasing consumption demand of the emerging middle class in China. These people are typically 31 to 45 years old with an average monthly income of RMB 3,000 to RMB 7,000. We believe the financing needs of this segment of consumers in China have been largely underserved due to the lack of an easily-accessible credit market. We facilitate loans between borrowers and investors, provide borrowers with ready access to credit and investors with risk-adjusted return.

Hexindai (HX) Performance

Created with Highcharts 10.3.2Chart context menuHX vs. IPO Index (IPOUSA)Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 20250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index