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Stock impact report

LexinFintech Holdings Ltd. Expects Limited Impact from P2P Regulations and Raises Loan Origination Guidance

LexinFintech Holdings Ltd. - American Depositary Shares (LX) 
Last lexinfintech holdings ltd. - american depositary shares earnings: 5/17 04:47 am Check Earnings Report
US:NASDAQ Investor Relations: ir.lexinfintech.com
Company Research Source: PR Newswire
SHENZHEN, China, Dec. 12, 2018 /PRNewswire/ -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (Nasdaq: LX), a leading online consumer finance platform for educated young adults in China, is issuing this press release with respect to the Shenzhen Internet Finance Association's recent announcement on limiting P2P growth during the current compliance inspection period (the "Recent Announcement"). The Company has been assessing the Shenzhen Internet Finance Association's Recent Announcement on limiting P2P growth during the current compliance inspection period. The Recent Announcement is consistent with past announcements and frameworks established by the national regulatory authorities, Lexin strongly supports the government in its goal of creating a more orderly and disciplined P2P market, and believes that only an orderly and disciplined P2P market can have healthy and sustainable growth in the future. The Recent Announcement was within the Company's expectations which the Compa Show less Read more
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