Hans Fan: So, I have two questions. This is Hans Fan from CLSA. First one is regarding the Hong Kong Listing plan, congratulations to that because it is the first online in ADR of China to go back to Hong Kong for releasing, just wondering about the details regarding lines and also is there any plan to go for primary listings, ? So, yes, that is the first question. Second one is more about APR. Currently, we are seeing in the past few quarter, our APR has been on a downtrend, but just wondering what’s the outlook for APR if we consider the demand side and also regulatory direction and also our strategy? Thank you very much.
Wu Haisheng:
Alex Xu: Okay. Sure. So, for the Hong Kong listing time table, as you know we just released the PHIP this morning and the €“ basically our intention is to follow the normal procedure of the Hong Kong Exchange to push for the final official perspectives release and then the marketing roadshow and then the listing. So, that’s our intention. In terms of exactly how many days or how long it will take, you can refer to some other cases, I believe the normal course in the regular basis, somewhere within two-weeks timeframe, so that is roughly. And secondly it is more about the in the future. That certainly is an area or the direction we’re kind of looking at seriously. Because there are certain benefits to become listing company Hong Kong, but I guess firstly, you need to finish this secondary listing and then when you meet certain criteria’s then you can apply for the dual primary.
So, it’s kind of a step-by-step saying, we are just right now still trying to finish the first step and somewhere down the road when the condition is ready, we are pursuing the next one.
Wu Haisheng: In Q3, we see the overall pricing got lower little bit compared to Q2. This is mainly due to our existing loan gradually ran through maturity. Going forward as we see the loan mix from our new customers and old customers that are relatively stable we’ve backed this pricing to remain stable.
Hans Fan: Thank you very much.
Operator: Thank you. You next question comes from . Please go ahead.
Unidentified Analyst: Hi. Thanks management for taking my questions. This is . I have two questions regarding the results itself. The first question is regarding the loan pricing, just wanted to know what exactly is the new loan pricing for the loans granted throughout the third quarter this year? And second question is regarding the loan as Mr. Xu just mentioned, we’re seeing better loan demand in the third quarter compared with the second quarter. So, in our view what is the typical profile that is demanding more new loans? Where are this better loan demand come from? For example, which sectors or segments? Thanks a lot.
Wu Haisheng: Yes. price in Q3 is little bit lower than 22%. In terms of the business nature, actual consumer loan is quite non-technical. We see this demand gradual recovery comes from the customers in the areas that are previously .
