CACC - Argentine lenders take the lead in week's financial winners while Chinese fintechs dip

• This week's five biggest winners in financial stocks (with market cap of over $2B) were led by two Argentine regional banks, while two Chinese fintechs took a hit.
• The best-performing financial stock featured Banco Macro ( NYSE: BMA ), climbing 16% in the week ended September 9, as the Argentine peso rose 1.6% against the U.S. dollar at the time;
• Similarly, Grupo Financiero Galicia ( NASDAQ: GGAL ) +14.8% jumped;
• Investment firm StepStone ( NASDAQ: STEP ) +12.8% took the third slot;
• Alternative asset manager TPG ( NASDAQ: TPG ) gained 12% ; and
• Pet insurance provider Trupanion ( NASDAQ: TRUP ) +10.4% increased after it acquired Smart Paws for an undisclosed amount.
• On the bearish front, regional lender BancFirst ( NASDAQ: BANF ) fell 7.3% ;
• Lufax ( NYSE: LU ), a Chinese-based operator of a technology-powered personal financial services platform, slid -5.5% ;
• Futu ( NASDAQ: FUTU ), another Chinese fintech, drifted down 5.3% ;
• Property and casualty insurer Kinsale Capital ( NYSE: KNSL ) -3.8% slipped; and
• Credit Acceptance ( NASDAQ: CACC ) edged down 3.4% amid a recent best idea short call at Hedgeye .
• Take a look at how the broader stock market fared this week .

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