China Lending Corp rises on deals with Zhong Lian Jin An

Roan Holdings

29/07/2019 14:45

** Shares of microfinance company China Lending Corp
 CLDC.O  jump 6.1% to two-week high of 90 cents 
    ** Co enters into a five-year partnership with China-based
Zhong Lian Jin An Insurance Brokers Co (ZLJA) to develop
consumer financing business  urn:newsml:reuters.com:*:nFWN24U0NL
    ** Co also expands into litigation guarantee business by 
facilitating an agreement between ZLJA, co's business partner
Urumqi Haoyi Yuntian Information Technology Co, and online
litigation solution provider Gongdao Network Technology Co    
    ** CLDC set for best session since July 15
    ** Stock down 8.8% this year as of Friday's close, set to
extend losses to fourth straight year 

 (Reporting by Susan Mathew in Bengaluru;)
 ((Reuters Messaging:
susan.mathew.thomsonreuters.com@reuters.net))