UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 6-K

 


 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 


 

For the month of October 2018

Commission File Number: 001-38245

 

Hexindai Inc.

(Exact name of registrant as specified in its charter)

 


 

13th Floor, Block C, Shimao

No. 92 Jianguo Road

Chaoyang District, Beijing 100020

People’s Republic of China

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x                    Form 40-Fo

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):        

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):        

 

 

 



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Hexindai Inc.

 

 

 

 

 

 

 

By:

/s/ Zhang Qisen (Johnson)

 

 

Zhang Qisen (Johnson)

 

 

Chief Financial Officer

 

 

 

Date: October 16, 2018

 

 

 

2



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

Exhibit 99.1  

 

Press Release

 

3


Exhibit 99.1

 

Hexindai to Help Support Emissions Reduction

 

BEIJING, Oct. 16, 2018 /PRNewswire/ — Hexindai Inc. (NASDAQ: HX) (“Hexindai” or the “Company”), a fast-growing consumer lending marketplace in China, announced that it has reached an agreement with Shell Energy (China) Limited, a subsidiary of Royal Dutch Shell in China, to support liquidity and market developments of China’s national emissions trading scheme (ETS). The cooperation demonstrates Hexindai’s commitment to contribute to environmental protection.

 

Under the agreement, Hexindai will provide price hedging for a substantial volume of National Carbon Allowances (NCA) for three years, to begin when the cement sector is enrolled in China’s national emissions trading scheme (ETS) and the Chinese carbon offsets, such as Chinese Certified Emission Reduction (CCER), can be used for compliance purposes. NCA is a unit equal to one ton of Carbon Dioxide Equivalent.

 

Under such carbon emissions trading schemes, polluting companies have emissions quotas and they can trade carbon credits to meet the imposed quotas. Cleaner companies are rewarded by selling such credits to companies that exceed their quotas.

 

The Chinese government announced at the end of 2017 plans to establish a nationwide emissions trading scheme (ETS). The scheme will initially cover the power industry, and be expanded to cover seven other sectors, including petrochemicals, chemicals, cement and other building materials, and iron and steel.

 

About Hexindai Inc.

 

Hexindai Inc. (NASDAQ: HX) (“Hexindai” or the “Company”) is a fast-growing consumer lending marketplace based in Beijing, China facilitating loans to meet the increasing consumption demand of the emerging middle class in China. Hexindai provides borrowers with convenient and ready access to credit through its online marketplace. The Company offers borrowers a wide range of products designed based on customer segmentation data and tailored to the specific needs of the emerging middle class in China by matching them with investors seeking various types of investment products with appropriate risk levels and risk-adjusted returns. Hexindai’s strong online and offline user acquisition capabilities combined with an online platform with extensive offline networks, an advanced risk management system, and strong strategic cooperative relationships with a custodian bank and an insurance company to safeguard investments, allows the Company to generate higher customer satisfaction, reliance, and realize faster growth in China.

 

For investor inquiries, please contact:

 

Hexindai

Ms. Daisy Wang

Tel: +86-10-5380-6196

Email: ir@hexindai.com

 

ICR Inc.

Edmond Lococo

Tel: +86 10 6583-7510

Email: Edmond.Lococo@icrinc.com