Time penalty
22 December 2017
Email
Share
LexinFintech slashed the size of its IPO and priced the deal at the low end, amid a crackdown on online lending. That was enough to get the flotation away and spark a healthy first-day rise of nearly 20 pct. The $1.7 bln firm now has a chance to grow into a higher valuation.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.