Listing to boost Internet finance firms

More Internet finance companies can consider listing on the A-share market to gain acceptance and recognition in China, despite they should deal with the risks from loss guarantee and rigid redemption, industry experts said on Monday.

Zhang Yujun, assistant chairman of the China Securities Regulatory Commission, said in a meeting on Thursday that the regulator has invited China's largest private lending search service provider Rong360 along with Alibaba's financial arm Ant Financial to be part of the first batch of Internet finance companies that are likely to be listed on the A-share market.

Zhang said it after studying Rong360's fund raising capabilities, willingness to go for an initial public offering and business pattern.