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"Fueled by the promotions featuring film stars and internet celebrities online, young consumers are increasingly seeking ways to appear more beautiful. Losing hair is something they can't stand. Expenditure toward better looks reflects the ongoing consumption upgrade trend in China," he said.

"Foreign markets now play a critical role in our overall development plan. They are envisioned as an important growth engine," said Chen Yuhong, chairman and CEO."Since we see huge rising demand from our overseas clients and partners, we are confident that it will grow to make up a bigger percentage of our revenue in the coming years," he said.

"Having such an institution will improve our service and expand our room to display our collections," he said. The lack of sufficient exhibition space has been a lingering problem for the museum, which houses about 1.86 million cultural relics.

"For technology companies, we make decisions on credit grants mainly based on their market deployment and our judgment of their growth potential and value in the future. It is quite different from granting credit to traditional companies based on our evaluation of their cash flow and collateral," Hu said.

"Given the private consumption in China is growing rapidly and consumer finance market in China is highly underdeveloped and under penetrated, we can certainly see great opportunity and potential for this company today and for many years to come," said Bob McCooey, Senior Vice President of Nasdaq's Listing Services unit.