Yirendai Limited: A Growth Play At Deeply Discounted Valuations

About: Yiren Digital Ltd. (YRD)
by: Amigobulls
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Tech, Research Analyst, Internet, eCommerce

Yirendai Limited ADR gives investors exposure to a rapidly growing company.

Concerns about the crackdown on the Chinese financial markets have been a drag on the stock lately.

At current valuations, Yirendai offers investors a solid growth play at deeply discounted valuations.

Yirendai Limited (YRD) is a Chinese fin tech company operating a marketplace for consumer finance loans in Mainland China. When asked about the best Chinese stocks to invest in, most investors think of