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Caissa Travel Alert:Payment and Asian outbound

发布时间:2016-09-30    研究机构:德意志银行

What’s new? Caissa announced to increase its holdings in Easy Financial (易生金服) and to acquire 60% stake of Tiantian Business Tour (浙江天天商旅)

Caissa announced yesterday that the company invested RMB550m in B round financing of Easy Financial Service Holdings (Easy Financial), increasing its holdings to 7.94% as the second largest shareholder of the target.

Easy Financial is a subsidiary of HNA Tour, which holds 35.2% stake. It mainly operates currency exchange service, including Easy Pay (易生支付), Worthtech (华势科技), Huitong Forex (汇通货币) and Easy Credit (易生小贷).

Easy Financial reported revenue of RMB1.9b and net profit of RMB48.7m in 2015.

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