UPDATE 2-Lexinfintech delays US IPO pricing as China reins in micro-loan sector -source
December 04, 2017 at 00:32 AM EST
BEIJING, Dec 4 (Reuters) - Chinese consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source with direct knowledge of the situation said - a move that comes after Beijing issued new rules to tighten control of the micro-loan sector.