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Vipshop Holdings Limited's (NYSE:VIPS) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
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The first consumer finance company of the year has successfully increased its capital, and Vipshop is quietly expanding its financial landscape.
① Vipshop's Fubon Consumer Finance capital increase has been approved, successfully raising registered capital from 0.5 billion to 1 billion yuan, with the major Shareholder Vipshop increasing its stake to 50%. ② The consumer loan product currently offered on the Vipshop platform is "Vipshop Flower," operated by another subsidiary of Vipshop, Vipshop Microfinance.
Vipshop Holdings Limited (VIPS) Recently Broke Out Above the 200-Day Moving Average