FINV News and Press, PPDAI Group Inc. American Depositary Shares each representing five Class A From 07/23/22

Peak inflation will likely underpin stock market performance in the second half of the year, but at the same time equities are already pricing in a 40% chance of a recession, according to UBS. Looking for better risk/reward, the equities team is getting incrementally defensive by up...

Palm Beach, FL – July 22, 2022 – FinancialNewsMedia.com News Commentary – Fintech is a combination of technology and financial services that have transformed the way businesses operate. In the last few years, the financial technology sector has emerged consi...

China is experiencing a very different monetary cycle compared to the rest of the world, regulatory onslaught that is subsiding and ADR valuations on the floor. FinVolution's shares are dirt cheap while the company is in excellent financial health, despite some macro headwinds that ha...

FinVolution Group Joins United Nations Global Compact PR Newswire SHANGHAI , June 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform in China , today announced that it has become a memb...

Gainers: Waterdrop (WDH) +15%, Bit Digital (BTBT) +9%, Pintec Technology (PT) +9%, FinVolution (FINV) +8%, Futu (FUTU) +8%. Losers: Redbox Entertainment (RDBXW) -58%, Redbox Entertainment (RDBX) -33%, Applied Blockchain  (APLD) -21%, ...

The fortunes of consumer lenders are a good proxy for the state of an economy. When times get rough, individuals with shaky income are often among the first to feel the pinch. The trend suggests borrowers are having growing difficulty repaying their debt as China’s economy slow...

Shares of Futu Holdings (NASDAQ:FUTU), a Chinese-based online brokerage and wealth management platform, are jumping around 18% in Monday afternoon trading after it posted stronger-than-expected Q1 earnings. Futu's (FUTU) upbeat earnings reflected a Y/Y boost of 67.9% in the number o...

Gainers: Redbox Entertainment (RDBX) +29%, MDJM (MDJH) +16%, KE (BEKE) +16%, Upstart (UPST) +11%, InnSuites Hospitality Trust (IHT) +11%. Losers: Diversified Healthcare Trust (DHC) -8%, Applied Blockchain (APLD) -6%, Globis Acquisition (GLAQ) -6%, FinVo...

Gainers: Midwest (MDWT) +12%, PropertyGuru (PGRU) +12%, North Atlantic Acquisition (NAAC) +9%, RedBall Acquisition (RBAC) +6%, FinVolution (FINV) +6%. Losers: Redbox Entertainment (RDBX) -22%, Marathon Digital (MARA) -10%, Angel Oak Mortgage (...

FinVolution (NYSE:FINV) stock is jumping 7% in Wednesday late morning trading after the company posted Q1 earnings and reiterated its full-year loan volume target of RMB 17.5B-RMB 180B. Citigroup analyst Julia Cheung, though, upgraded the Chinese fintech to Buy on its improved take rate ...