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SHENZHEN, China, Nov. 20, 2020 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced that it will report its unaudited financial results for th...
China's new FinTech regulations that halted Ant Financial's IPO could reduce its valuation by as much as $140 billion, according to Bloomberg. Linking to Digital Yuan's pilot launch last month, I argue that the suspension fundamentally reflect regulator's increasing concerns to preser...
By now, most investors have heard about Ant Group, the Chinese fintech backed by Alibaba whose IPO was abruptly canceled this week. Investors did not see that coming and were left frustrated. Still, they can consider other listed companies to catch on to the fintech boom in China. Lex...
SHENZHEN, China, Nov. 06, 2020 (GLOBE NEWSWIRE) -- "LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for educated young professionals in China, is gearing up to expand its product offerings to tap the rising ...
Online microcredit accounts for less than 1% of loan financing as of October 31, 2020 SHENZHEN, China, Nov. 04, 2020 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation ...
Gainers: Dunxin Financial Holdings (DXF) +17%. Exantas Capital (XAN) +12%. Grupo Financiero Galicia (GGAL) +9%. ICICI Bank (IBN) +9%. Banco Macro (BMA) +9%.Losers: Phoenix Tree Holdings (DNK) -20%. Condor Hospitality Trust (CDOR) -12%. LexinFintech Holdings (LX) -8%. MoneyGram International (...
LexinFintech is differentiated from most of its online consumer finance peers in multiple ways, such as its customer base, consumption focus, funding sources, and proprietary technologies. The interest rate cap on consumer lending in China has been lowered, and this brings regula...
Gainers: LexinFintech Holdings (LX) +10%. CTO Realty Growth (CTO) +6%. Navient (NAVI) +5%. eHealth (EHTH) +5%.Losers: Oxbridge Re Holdings (OXBR) -21%. KE Holdings (BEKE) -9%. MDJM (MDJH) -7%. Carver Bancorp (CARV) -8%. OptimumBank Holdings (OPHC) -7%. For further details see: LX leads ...
LexinFintech’s ( LX +9.4% ) senior management, including chairman and CEO Jay Wenjie Xiao, president Jared Yi Wu, and other members of senior management, intend to purchase up to an aggregate of $20M worth of the Company's ADS within the next six months. More news on: LexinFinte...
New York, New York--(Newsfile Corp. - September 14, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in LexinFintech Holdings Ltd. ("LexinFintech" or the "Company") (NASDAQ: LX) of the November 9, 2020 deadline to seek the role of lead plaintiff...
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2024-05-24 02:45:12 ET Image source: The Motley Fool. LexinFintech (NASDAQ: LX) Q1 2024 Earnings Call May 23, 2024 , 10:00 p.m. ET Operator Continue reading For further details see: LexinFintech (LX) Q1 2024 Earnings Call Transcript
SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March...
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