lol, you are posting that -- without irony? -- on the FNMA board?
Lufax (LU) is the biggest fintech, parent is Ping An (biggest insurance company in China and theiy use their data to screen loans/algo's), they interact with regulators a great deal and went into small business loans at direction of regulators -- small business loans are now very profitable
PE is 4, though probably earnings are higher since their accounting means they have to book stuff "upfront" and they promised in their last CC to initiate a divvy for 2021 at 20-40% of earnings which were around $1, present sp is $4.75 so substantial divvy is coming at 5%... oh, and they are growing at 20%+
Please, bring me more of these "scams" -- oh right, QFIN looks like another scam already paying a 5%+ divvy, with a 4 PE and growing great
I like TIGR and FUTU in the online brokers too, also profitable and growing CRAZY fast...
...maybe you like FNMA better? GL
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