Tagged: yong hui li

Peer to Peer Lender Fincera Targeted by Local Chinese Government in Demand to Cease Lending Operations

Fincera Inc. (OTCQB: YUANF), a China-based peer to peer lending platform providing access to capital for SMEs, has become the target of a local government attempt to shut down P2P lenders. According to a note from Fincera, the Hebei provincial government, where Fincera is based,… Read More

Fincera Reports $1 Billion in Loans for Q2 2017

Fincera Inc. (OTCQB: YUANF), a provider of online financing and e-commerce services for small and medium – sized businesses and individuals in China, has reported financial results for the second quarter ended June 30 , 2017. According to their numbers, loan transaction volume across both… Read More

Chinese Online Lender Fincera Changes Ticker to YUANF

Fincera Inc. has received FINRA approval to change its ticker symbol to “YUANF“. Previously, the China based online lender had traded under “AUTCF”. Fincera trades on OTC Markets OTCQB. The Company’s common stock has been assigned a new CUSIP number of G3441J102 in connection with the… Read More

After Bold Transition, Fincera Reports Full Year Results

Fincera (OTCQB: AUTCF), formerly a commercial vehicle leasing company that has now migrated into internet finance for SMEs in China, reported full year results for 2015.  According to the company release, the internet finance based portion of the company (launched in 2014) continues to grow rapidly…. Read More

Chinese Company Exits Truck Leasing to Focus on Internet Finance

Fincera, a company that started in the transportation and automotive leasing business, is getting out of this sector to focus on internet finance.  The company announced earlier this week that “the company’s legacy truck leasing business ceased initiating new leases in August 2015.”  It’s internet… Read More

Auto China International Reports Q3 Results

AutoChina International released its Q3 results along with 9 month results for calendar 2014.  Total revenues for 9 months ended in September were stated to be $591.3 million, a 40% increase over same period last year of $419.8 million.  AutoChina International Limited is a provider… Read More

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