Yirendai

YRD NYSE
9.58
-0.64
-6.26%
Opening 13:56 08/22 EDT
Open
10.10
Prev Close
10.22
High
10.11
Low
9.52
Volume
68.64K
Avg Vol (3M)
153.88K
52 Week High
21.55
52 Week Low
9.17
% Turnover
0.07%
Market Cap
902.89M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Yirendai Ltd. is engaged in online consumer finance marketplace business in China. The Company conducts its business in China, through Yi Ren Heng Ye Technology Development (Beijing) Co., Ltd. (Heng Ye) and its consolidated variable interest entity, Heng Cheng Technology Development (Beijing) Co., Ltd. (Heng Cheng). Heng Cheng operates its Website, www.yirendai.com, and has an Internet content provider (ICP) license as an Internet information provider. Its online marketplace facilitates standard loan products, express loan products and vertical loan products to borrowers. Uses for these loan products include home remodels, durable good purchases, travel and continuing education. Its online marketplace provides investors with various investing tools, such as automated investing tool and self-directed investing tool. It maintains a secondary loan market on its marketplace where investors can transfer the loans they hold prior to maturity at the fair value of the remaining loans.
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