QFIN News and Press, 360 Finance Inc. From 11/08/21

Yiren Digital is trading at a P/E ratio of 2.25 and a P/B ratio of 0.4. After a slow transition out of the B2B business, operations now finally seem to be growing and are profitable again. The resulting low valuation is still hidden from the mainstream due to restructuring costs i...

SHANGHAI, China, Nov. 01, 2021 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) ("360 DigiTech" or the "Company"), a leading financial technology platform in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2021, after...

Chinese fintech stocks dominate the financial stocks making the biggest declines this week after China warned about online brokerages who accept mainland China customers but aren't registered to operate in the country. U.S. credit card issuer Alliance Data Systems (NYSE:ADS) also makes an app...

Shares of several Chinese stocks traded on U.S. exchanges bounced back this week after struggling in recent months. Shares of the Chinese-based fintech firm 360 DigiTech (NASDAQ: QFIN) had risen nearly 15% on the week as of market close Thursday. Meanwhile, shares of the consume...

Favorable economic news and strong earnings figures helped spark a substantial rally on Thursday, with the S&P 500 scoring its best single-day performance in seven months. Dow component Salesforce.com Inc. (NYSE:CRM) used the tailwind to extend its recent gains, pushing to new 52-week hig...

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...

Invesco’s All-China ADR ETF is a pioneer in its niche. Comprised of roughly 100 ADRs, the fund has witnessed extensive value destruction on heightened China volatility. While the Golden Dragon is likely to deliver superlative long-term risk-adjusted returns, regulatory ...

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 ...

ZW Data Action Technologies CNET +17% launches its blockchain infrastructure platform for business applications on NFT and DeFi New Fortress Energy (NASDAQ:NFE) +17%. NeuroMetrix NURO +14% submits FDA De Novo request for neurostimulation device Quell Aspen Technology AZPN&...

While the past two years were challenging times for most businesses around the world, it was a fantastic period for fintech. The pandemic accelerated megatrends like e-commerce, online banking , and cashless transactions, and the companies that were able to establish or expand thei...