lfin experts pls comment here

[TOM_BHAYYA]

48 minutes ago, SeemaLekka said:

Endi konedi 5$ to 129$ in 2 days and currently at 70

Ohhoo idhi adhena.. already monne 20$ ki konna okati

[TampaBangaram]

3 hours ago, cup_saucer said:

lfin buzz start chesina pedda manishi ni tag here pls.

@yaman

[SeemaLekka]

1 hour ago, TOM_BHAYYA said:

Ohhoo idhi adhena.. already monne 20$ ki konna okati

Why only 1

[cup_saucer]

read several places online that it is not easy to participate in ipo unlike ico.

if ipo on 21st. when does it get listed.

 

any one?????????????

[Idassamed]

23 minutes ago, cup_saucer said:

read several places online that it is not easy to participate in ipo unlike ico.

if ipo on 21st. when does it get listed.

 

any one?????????????

http://www.nasdaq.com/markets/ipos/company/lexinfintech-holdings-ltd-1037311-85310

[tokkalogola]

Bayiti samacharam

 

LexinFintech aims to raise $120 million at a $1.8 billion market value. The online microloan company originally filed to raise $500 million, but delayed and downsized its IPO following tightening regulation in China's microloan industry; after $28 million of insider buying (23%), the new deal size represents just 5.6% of the basic market cap. Chinese microloan companies have struggled recently amid regulatory crackdowns and increasing regulatory uncertainty: close peers and recent US IPOs Qudian (NYSE:QD) and PPDAI Group (NYSE:PPDF) trade -46% and -42% below their respective IPO prices. 

[cup_saucer]

5 hours ago, tokkalogola said:

Bayiti samacharam

 

LexinFintech aims to raise $120 million at a $1.8 billion market value. The online microloan company originally filed to raise $500 million, but delayed and downsized its IPO following tightening regulation in China's microloan industry; after $28 million of insider buying (23%), the new deal size represents just 5.6% of the basic market cap. Chinese microloan companies have struggled recently amid regulatory crackdowns and increasing regulatory uncertainty: close peers and recent US IPOs Qudian (NYSE:QD) and PPDAI Group (NYSE:PPDF) trade -46% and -42% below their respective IPO prices. 

this company also had net loss last year..

[Idassamed]

So LX is a risky IPO