LX News and Press, LexinFintech Holdings Ltd. From 11/02/21

SHENZHEN, China, Nov. 03, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online consumption and finance platform in China, today announced that it will report its unaudited financial results for the thi...

Currently trading at less than $1, the shares of China-based BIMI International Medical’s (BIMI) have dipped 72.2% in price over the past year. So, given the company’s weak financials and poor profitability, will its stock be able to regain its momentum? Read more to find out. ...

Chinese fintech online brokerage apps UP Fintech (TIGR -22.1%) and Futu Holdings (FUTU -14.8%) slump in U.S. trading as the the companies face regulatory risks when a new personal data privacy law takes effect on Nov. 1. The two companies could violate data privacy rules and run compliance ri...

It's been a bad several months for Chinese fintech stocks. First the Chinese government cracked down on apps of all kinds over cyber security concerns, most notably forcing DiDi Global to halt new user registration in July. Then China Evergrande's liquidity crisis reverberated throughout the ...

I've compared 360 Digitech's financials with its four most important peers. Based on the company’s growth, balance sheet, and PE Ratio, QFIN looks like a great buy. In an already cheap industry, QFIN and FINV are in a league of their own. For further details see: ...

The stock is cheaply valued with a PE ratio of 4.3 and with the company having almost as much cash as the value of its total market cap. Strong management and efficient operations made the company one of the only few survivors in the online lending industry. Contrary to what inves...

The collapse of China's largest real estate developer, Evergrande, has triggered a wide-scale selloff in risk assets with China-based financial stocks taking the lead. China-based real estate platform KE Holdings (NYSE:BEKE) -8.4% dropped the most among Chinese fintech stocks - ahea...

With Beijing looking to break up Ant Group, it's no wonder that stocks of China-based fintech companies are dropping in Monday's session. 360 DigiTech (NASDAQ:QFIN) slides 8.0%, Futu Holdings (NASDAQ:FUTU) drops 6.9%, FinVolution (NYSE:FINV) falls 4.5%, and LexinFintech Holdings (NASDAQ:LX)&#...

LexinFintech is voluntarily slowing down its lending activity while it awaits the next major move in China’s rapidly evolving regulatory environment. Company’s shares tumbled after its latest quarterly results announcement, despite reporting 10% revenue growth and 88% pr...

The following slide deck was published by LexinFintech Holdings Ltd. in conjunction with their 2021 Q2 earnings call. For further details see: LexinFintech Holdings Ltd. 2021 Q2 - Results - Earnings Call Presentation