Hexindai is a holding company. Through its subsidiaries, Co. operates as a mobile e-commerce and consumer platform in China. Co. facilitates credit loans, with a primary focus on facilitating medium-sized credit loans to borrowers on its online marketplace. Co. provides borrowers a range of products designed based on customer segmentation data and tailored to the specific needs of the middle class in China. Co. provides investors various types of investment products with appropriate risk levels and risk-adjusted returns. Through its online marketplace, Co. provides investors with investment services and products including portfolio investments and individual investments. The HX stock yearly return is shown above.
The yearly return on the HX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the HX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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