Press Releases
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Hexindai lists on NASDAQ Global Market.
November 2, 2017, Hexindai announced that it has priced and closed its initial public offering of 5,000,000 American depositary shares ("ADSs") at US$10 per ADS for a total offering size of approximately US$50.0 million. Each ADS represents one ordinary share of the Company. The ADSs will begin trading on the NASDAQ Global Market on November 3, 2017 under the ticker symbol "HX".
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Hexindai enters into an agreement with China Unionpay.
In July 2017, we entered into an agreement with China Unionpay, a national bankcard association to launch its ‘‘Quickpass’’ application in our mobile app to allow investors to instantaneously access their bank accounts at Jiangxi Bank and use any surplus funds to make daily retail purchases in stores partnered with China Unionpay by scanning a QR code from China Unionpay.
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Hexindai enters into an agreement with GBG DecTech.
In July 2017, we entered into an agreement with GBG DecTech, a reputable Australian service provider of anti-fraud, anti-money laundering, and decision management services to purchase and implement a fraud detection solution which will enhance our fraud detection capabilities and further strengthen our anti-fraud systems.
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Hexindai was Awarded the "Top 30 Internet Financial Compliance Development".
As an outstanding enterprise representative, Hexindai was invited to participate in the 2017 Forum on Internet Financial Compliance and Innovation and was awarded the "Top 30 Internet Financial Compliance Development". In addition, other than awarding the trophy, the organizers also granted Hexindai the Internet Financial Compliance Development Association Certificate.
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Zhou Xinming, CEO of Hexindai, was Invited to Attend the 2017 Forum on Internet Financial Compliance and Innovation
On November 17th, "the 2017 Forum on Internet Finance Compliance and Innovation" guided by China Internet Finance Management Committee, and jointly organized by China Times, Beijing Dong Jian Media held in Beijing Kerry Hotel. The forum invited regulators, representatives from the academic circle and outstanding industry representatives to exchange ideas on the current Internet financial supervision, compliance, innovation, development and other topics. Hexindai, as an outstanding business representative, was invited to participate and Zhou Xinming, CEO of Hexindai, made an important speech at the forum.
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Internet Financial Enterprise Hexindai Rose 26.60% on the First Day of Listing in the United States
Chinese Internet financial enterprise Hexindai officially landed on NASDAQ (Stock Code: HX) at an issue price of $10 per share with a total issuance of 5 million shares of ADS (American depositary shares) and its total financing amount stood at $50 million with an opening price at $15, compared with the issue price $10, rose 50%.
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Hexindai Has Been Successfully Listed in the United States and Became the First Internet Financial Enterprise to be Listed on NASDAQ
(Beijing Time) On November 3th, Chinese Internet financial enterprise Hexindai has been officially listed in the United States (Stock Code: HX), became the first Chinese Internet financial enterprise that has been listed on the NASDAQ in the United States.
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Zhou Xinming, CEO of Hexindai Told the "Unknown" Story of Being Listed
Zhou Xinming, CEO of Hexindai gave the answer to why Hexindai can be successfully listed. From the transformation of business model, firmly adhering to the road of compliance to positioning "small and excellent" and intensive work, Hexindai provides some reference for the domestic small and medium sized Internet credit platform.
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Hexindai was Awarded the AAA Internet Grade Enterprise Credit Evaluation Certificate
After the credit investigation and comprehensive evaluation of the credit rating and evaluation agency "iTrust Internet Credit Evaluation Center", Hexindai successfully passed iTrust enterprise credit rating, and won the AAA Grade Credit Evaluation Certificate. At the same time, it also means that Hexindai has been highly recognized by authoritative organizations in terms of overall strength, competitiveness of enterprise and secure operation ability. In addition, other than issuing the enterprise credit rating certificate, iTrust also issued a certificate of Customer Satisfaction Index to Hexindai. According to the evaluation data, users' satisfaction with Hexindai is as high as 86% and the star rating is level four.
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Ranking Eighth in Credit Disclosure, Hexindai Led the Internet Finance Industry in the Establishment of Compliance
On August 24th, the CBRC issued the Guidelines for Information Disclosure of Business Activities of Information Intermediary of Internet Loans (hereinafter referred to as "Guidelines for Information Disclosure"), which set the standard and confirmed the norms for the Internet financial enterprises in disclosing information. The well-known Internet financial enterprise Hexindai, before the issuance of "Guidelines for Information Disclosure", has been strict with themselves, leading the industry. In the "TOP50 List of Information Disclosure of Internet Credit Platforms" issued by the authoritatice third-party Internet credit information platform - Family of Internet Credit, Hexindai ranked eighth.
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Hexindai : Compliance and Innovation Build Benign Interactive Relationship
The well-known Internet financial enterprise Hexindai, since its establishment, on the one hand has been actively embracing the regulatory policy, leading in the compliance, on the other hand, it has been taking the technological innovation as the drive, and constantly optimizing products and services which set a good example for the Internet financial industry in the fields of compliance and innovation.
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In the Hot Summer, Hexindai and Wong Lo Kat Joined Hands for Charity in Roca Fresh Food Store
From July 20th to August 19th, the hottest days in summer, we joined hands with Wong Lo Kat and Roca fresh food store to carry out the summer charity activities - Care for the loveliest people under the scorching sun, and send herbal tea, coolness and also our heartfelt respect to the environmental sanitation workers and people who work in the outdoor high-temperature, in order to thank them for the contribution they made to beautify the urban environment.
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Hexindai and Qunar.com Reached the Strategic Cooperation to Intensify the Upgrading of Middle Class Consumption
Recently, the well-known Internet financial enterprise Hexindai, and the world's leading Chinese online travel website Qunar.com have reached a strategic cooperation. From July 7th to August 6th in 2017, the two sides jointly launched a one-month joint marketing campaign which makes use of their own online and offline resources to conduct in-depth cooperation and complement each others' advantages so as to jointly create a win-win environment.
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New Financial Revolution: Hexindai Pioneers the Mobile Payment Business of Internet Credit Platform
On July 18th, the well-known Internet financial enterprise Hexindai, held a summer new product annoucement conference in Beijing Financial Street. The conference invited a number of heavyweight guests of the financial industry to exchange brilliant ideas. They have conducted in-depth exchanges of ideas on the current integration of different financial formats, the formation and key elements of the Internet financial ecology, and the assumption of future financial which provided many constructive suggestions for the development of the Internet financial industry in China.
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Hexindai: Four Memorable Years Makes Finance Easier
On August 18th, 2017, Hexindai ushered in the historic moment of its fourth anniversary. Looking back on the past four memorable years, Hexindai has always insisting on taking the users' value as the core and the technological innovation as the drive. By continuously optimizing products and services, it has made remarkable achievements in providing users with convenient financial services and improving the users' experience. They have accomplished the goal of "making finance easier" and gained advantages in standing out in the turbulent and highly competitive Internet financial industry.
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Zhou Xinming, CEO of Hexindai: the road ahead will be long and our climb will be steep.
In 2014, after careful consideration, I decided to move from O2O to Internet finance. So, a young man chose the same young enterprise--Hexindai. After four years of development, the turnover surpassed 12.7 billion and generated more than 470 million revenues for 2.12 million people. This year's Hexindai is at a critical period of development. With the business development, our team is also growing, from dozens of people at the beginning to a team of more than 300 people.
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Bank Capital Depository Account Services Upgraded Hexindai and Jiangxi Bank Work Together to "test the water" the Balance Scan Code Payment
Following the access to Jiangxi Bank Capital Depository System at the beginning of this year, on July 18th, Hexindai and Jiangxi Bank jointly launched the balance mobile payment service of the depository account. Since then, the users' capital account on Hexindai's platform, other than purchasing the wealth management product, can also conduct the scan code payment via the Union Pay "Quick Pass" function.
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"Hexindai" Debut Consumer Finance Event Exchange New Ideas for Economic Development
On June 17th in 2017, "Innovation and Development Summit on Consumer Finance of Fintech Era" was held in Beijing. The summit was positioned as the highest level consumer finance event in China in 2017. Zhou Xinming, CEO of Hexindai as a business representative gave a speech at the phase of "Personal Information Protection Joint Initiative", to call on the main participants of consumer finance industry to legally use the personal information to promote the healthy development of the industry.
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On the Eve of Rectification Storm of Internet Credit, Hexindai Leading the Compliance With 5 Steps
Borrowing limit, ICP licenses, bank capital deposit and many other provisions give a lot of pressure on many current Internet credit platforms. Many platform personnel pointed out that they have received rectification opinions from relevant parties earlier and have said they would actively rectify their business. However, after the completion of the pre-inspection, some platforms expressed bluntly that they were under pressure because of the goal of rectification, while Hexindai has been at the forefront of the industry in the field of compliance.
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Hexin Love Foundation are Taking Actions to Support the Development of the Winter Sports For the Disabled
In order to support the development of the 2022 Beijing Paralympic Games and sports for the disabled, on March 17th, 2017, the volunteer of Hexin Love Foundation came to the China Olympic Curling Sports Center in Huairou District of Beijing, donated a number of love supplies to athletes with disabilities in Beijing Curling Team, and the volunteers and athletes also participated a curling friendly competition
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Embracing Supervision, Hexindai Officially Went Online With Jiangxi Bank's Capital Depository System
Hexindai, via the collaboration with Jiangxi Bank, has successfully went online with Jiangxi Bank's capital depository system on January 12th, 2017, marking the complete separation of Hexindai's platform from users' funds. The official access of Hexindai to the bank depository system has not only showed its determination to actively embrace supervision but also marked a crucial step along the path of legal compliance business of Internet credit of Hexindai.
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Hexindai Won the 6th China Charity Festival "2016 Internet Financial Corporate Social Responsibility Award"
From January 10th to January 11th in 2017, one of the most influential annual events in the field of public welfare charity in China--the 6th China Charity Festival was held in Beijing. Hexindai was awarded "2016 Internet Financial Corporate Social Responsibility Award" by the Organizing Committee of this charity festival for the virtue of our contribution to the cause of public welfare and courage to shoulder the corporate social responsibility.
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2017 Hexindai National Users Meeting was Successfully Held
From January 10th to January 15th, the 2017 Hexindai users meeting, under the theme of "Gathering Together Around Hexin, Moving on With Dreams" were successfully held in Beijing, Nanjing, Shanghai and Hangzhou. An Xiaobo, Chairman of Hexin Company, Zhou Xinming, CEO of Hexindai, and many executives went to the meeting places across the country to discuss the future trend of the Internet credit industry with more than 200 users on site, shared Hexindai's achievements and experience in the business, operation, risk control and brand and listened to the user suggestions and answered questions from the users.
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Hexin Love Foundation Donated Love Materials to Tongzhou Cochlear Training School
On January 23th, at the 2017 Annual Meeting of Hexin Company, an exciting special session has been added. It held a charity donation ceremony in which Hexin Love Foundation donated love materials to cochlear training school of Tongzhou district in Beijing. Cui Weilan, Chairman of the Cochlear Training School, Wang Jianqiang, Headmaster of the Cochlear Training School, and Li Yanfeng, Honorary Volunteer of Hexin Love Foundation and Young Actor and Zhang Chen, Head of Hexin Love Foundation, all attended the donation ceremony.
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Total Turnover of Hexindai Exceeded 10 Billion
On March 5th in 2017, the total turnover of Hexindai exceeded 10 billion, successfully became a 10 billion enterprise in the Internet credit industry. As of March 5th, in the TOP100 platforms of Family of Internet Credit, only 46 platforms' turnover were over 10 billion, of which 33 were among the top 50 platforms, and Hexindai was also one of them.
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Zhou Xinming, CEO of Hexindai: The Scale of Internet Credit Industry Promotes the Quality of Assets
On December 24th, the Beijing investors meeting under the theme of the Development Trend and Investment Strategy of Internet Credit Industry was held at Shi Mao Tower--Hexin's headquarters. Zhou Xinming, CEO of Hexindai and Ren Weifeng, Founder of 58jr.cn, Xin Zhou, President of 51suocai, Specialist in Beijing(pseudonym), Well-known Investor and Data Analyst, and more than 20 users attended the meeting.
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Hand in Hand With the Sports Association For the Disabled Hexin Love Foundation Supports the Development of Sports For the Disabled
2022 Paralympic Winter Games will be held in Beijing, and China's sports undertakings for the Disabled will meet a golden opportunity. In order to support the development of sports for the disabled of Beijing, on the afternoon of December 1st in 2016, a group of 15 volunteers from Hexin Love Foundation visited the Cultural and Sports Guidance Center for Disabled in Daxing District of Beijing and held exchange activities.
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Hexin Love Foundation Shot Public Service Short Film Call for More Care for Parents and Families
On November 23th in 2016, the eve of Thanksgiving, a warm-hearted public video was circulated in the circle of Moents of WeChat and the Internet. Clicks hit record new highs within a few hours after the videos were launched. This is a Thanksgiving's public service video titled "The Love Project - How Many Love You Give to Your Dearest Families" which was carefully shot by Hexin Love Foundation. During this special festival of Thanksgiving, the video was shot with a unique perspective to convey gratitude and caused attention in many ways.
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Hexindai: Internet Credit Industry's Return to Inclusive Finance is the Consensus
The 3rd World Internet Conference was held in Wuzhen recently and the conference once again listed the inclusive finance as an important topic. Zhou Xinming, CEO of Hexindai said in an interview, the Internet credit industry, as a useful complement to traditional finance, shares the same goal with the traditional finance which is to solve the investment and financing needs of the users and the real economy.
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Hexindai's Debut on Beijing Financial Expo was a Complete Success
From October 27th to October 30th in 2016, Hexindai was invited to attend the 12th Beijing Financial Expo under the theme of "New Opportunities, New Finance and New Development". During the Financial Expo, Hexindai achieved good results in many aspects such as the design of the exhibition area, the amount of attention on video broadcast, the small class of wealth management, the knowledge sharing of sub forums, media reports, gift issuance and users' feedback.
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Hexindai Joined the "Internet Financial System of the Payment & Clearing Association of China" to Promote the Development of Chinese Credit Information Industry
Recently, the Payment and Clearing Association of China, a subsidiary of the Central Bank, issued certificates to the well-known domestic platforms Hexindai which showed that Hexindai platform has successfully accessed the Internet Finance Risk Information Sharing System of the Payment & Clearing Association of China (hereinafter referred to as the "Internet Financial System of Payment and Clearing"), and formally become the second batch of member, since then Hexindai has taken the first step in supporting the development of Chinese Credit Information Industry.
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Hexindai was Invited to Attend "the Launching Ceremony of Self-discipline Convention on Financial Industry"
Recently, the "Financial 3.15 Symposium" and the Launching Ceremony of the Self-discipline Convention on Financial Industry jointly sponsored by Xinhuanet, Law School of Renmin University of China, Law School of Central University of Finance and Economics and Research Center of Payment & Settlement, IFB, CASS successfully held at the Central University of Finance and Economics. As a well-known domestic P2P Internet credit platform, Hexindai was invited to attend the event.