$TRIP.COM-S(09961)$ The endgame of the internet? Might just be lending, no joke. I mean, borrowing at 3.38% and lending out at 12%–36%? That’s some juicy margin. Even Trip.com (Ctrip) is going hard on pushing its financial platform lately，you book a flight and bam, they offer you a credit line. Honestly, with China’s current low interest environment, it’s prime time for lending growth. Consumers borrow happily, platforms profit handsomely... capital sees it crystal clear.
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