HKEX:8207 - Chong Sing Holdings FinTech Group Ltd CHONGSING HLDGS
Sector: Financials, Industry: Consumer Finance
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Yahoo Finance Note: This stock seems to be inactive

HKD 0.012    -0.001 (-7.69%)

5 Jul 2019


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General

Description

Chong Sing Holdings FinTech Group Ltd promotes peer-to-peer financing by connecting lenders and borrowers in China and Hong Kong through its online lending platforms. Its peer-to-peer business typically serves midsize, small, and micro enterprises in addition to individual consumers. Credit China FinTech also provides traditional financing services as a lender; has an online third-party payment service, and issues prepaid cards to consumers. The company's principal sources of revenue are service fees from its peer-to-peer loans, payment platform, and financial consulting and interest income from its loans. Most of the company's revenue is generated in China, with the remainder coming from Hong Kong.

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