LX News and Press, LexinFintech Holdings Ltd. From 08/10/22

SHENZHEN, China, Aug. 10, 2022 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced that it will report it...

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...

Citi analyst Julia Cheung downgraded LexinFintech (LX -6.9%) to Neutral from Buy with a price target of $2.44, down from $4.29, citing a "dimmer near-term earnings outlook" after the company reported Q1 results and full-year guidance. Also, CLSA analyst Ethan Wang has also downgraded to Sell ...

Gainers: TherapeuticsMD (TXMD) +361%. JanOne (JAN) +70%. Houston American Energy (HUSA) +57%. CatchMark Timber Trust (CTT) +44%. Mullen Automotive (MULN) +43%. Gogoro (GGR) +37%. BlackSky Technology (BKSY) +32%. Cassava Sciences (SAVA) +25%. MicroStrategy (MSTR) +24%. NexImmune (NEXI) +23%. L...

U.S.-listed shares of LexinFintech (NASDAQ:LX) have lost 13.7% to $2.05 in Tuesday morning trade, after the Chinese fintech company's stock was downgraded to neutral from buy by Citi following its Q1 2022 results. LX late on Sunday reported a fall in Q1 total loan originations, oper...

Image source: The Motley Fool. Lexinfintech Holdings Ltd. (NASDAQ: LX) Q1 2022 Earnings Call May 30, 2022 , 9:30 a.m. ET Operator Continue reading For further details see: Lexinfintech Holdings Ltd. (LX) Q1 2022 Earnings Call Transcript ...

LexinFintech Holdings Ltd. (LX) Q1 2022 Earnings Conference Call May 30, 2022, 09:30 PM ET Company Participants Jamie Wang - IR Manager Jay Xiao - Chairman & CEO Jayden Qiao - Chief Risk Officer Sunny Sun - CFO Conference Call Participants Alex Ye - UBS Ethan Wang - CLSA Presentation Oper...

LexinFintech press release (NASDAQ:LX): Q1 Non-GAAP EPADS of $0.10. Revenue of $270.12M (-39.9% Y/Y). Non-GAAP EBIT was RMB156M, representing a decrease of 82.8% from the first quarter of 2021. Total number of registered users reached 171M as of March 31, 2022, representing an increase of 29....

SHENZHEN, China, May 30, 2022 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced its unaudited financial resu...