China Lending Corp
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Financials : Consumer Finance | Small Cap Growth
Based in ChinaCompany profile

China Lending Corporation, formerly DT Asia Investments Limited, is engaged in providing loan facilities to micro, small and medium sized enterprises (MSMEs), and proprietors in the Xinjiang Uyghur Autonomous Region (Xinjiang Province) of the People’s Republic of China. The Company offers loans to industries, including commerce, service, supply chain finance, manufacturing, real estate, mineral and energy, and others. Its subsidiaries include Adrie Global Holdings Limited (Adrie), Feng Hui Ding Xin (Beijing) Financial Consulting Co., Limited (Consulting) and Xinjian Feng Hui Jing Kai Direct Lending Limited (XWFOE). Adrie is a holding company that has no operations and no assets, and has ownership in Feng Hui Financial Group. Consulting is engaged in the business of providing risk management-related financial consulting services to third-party direct lending companies in China. XWFOE is focused on providing direct loans to MSMEs and proprietors in Xinjiang Province.

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GE's stock surges after report of IPO plans for health-care business

7:41 am ET December 19, 2018 (MarketWatch)

Shares of General Electric Co. (GE) rallied 2.9% in premarket trade Wednesday, after Bloomberg reported that diversified industrial company had confidentially filed for an initial public offering of its health-care unit. Bloomberg reported, citing people familiar with the matter, that GE is working with Goldman Sachs, Bank of America, Citigroup, J.P. Morgan Chase and Morgan Stanley on the planned IPO. GE said earlier this year that it planned to spin off its health-care business (, as part of the company's strategy to focus on its power, aviation and renewable-energy businesses. The stock has tumbled 43.5% over the past three months and has dropped 58.3% year to date, while the Dow Jones Industrial Average has lost 10.3% over the past three months and has slipped 4.2% this year.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

December 19, 2018 07:41 ET (12:41 GMT)

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