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Cryptocurrency bank Silvergate Capital ( NYSE: SI ) +18.2% jumped the most among financial stocks in the week ended July 8 after it got upgraded to Buy at Bank of America given prospects for "relatively stable" digital currency deposit growth. Perhaps SI's price apprecia...
360 DigiTech's core competencies of asset-light model and technology focus offer a bright future. In the first quarter of 2022, the firm outperformed its competitors in terms of user amount, total loans granted and revenue. However, it operates in a market that has been performing...
360 DigiTech, Inc. is a credit-tech platform that financial institutions use to provide better and targeted products and services to a broader consumer base. Management believes that QFIN could deliver double-digit origination volume amidst the current macro environment. It is qui...
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...
The KWEB ETF has been battered significantly as investors left Chinese Internet stocks in a hurry since 2021. However, we could be in the late stage of the current malaise. Our price action analysis suggests that the worst in Chinese Internet stocks seems to have been priced in. KWEB'...
Image source: The Motley Fool. 360 Finance Inc (NASDAQ: QFIN) Q1 2022 Earnings Call May 24, 2022 , 8:30 p.m. ET Operator Continue reading For further details see: 360 Finance Inc (QFIN) Q1 2022 Earnings Call Transcript
360 DigiTech, Inc. (QFIN) Q1 2022 Earnings Conference Call May 24, 2022 20:30 ET Corporate Participants Mandy Dong - Investor Relations Director Wu Haisheng - Chief Executive Officer Alex Xu - Chief Financial Officer Zheng Yan - Chief Risk Officer Conference Call Participants Yao Lee - CICC T...
360 DigiTech (NASDAQ:QFIN) declares $0.22/ADS quarterly dividend, -15.4% decrease from prior dividend of $0.26. Forward yield 6.78% Payable July 27; for shareholders of record June 20; ex-div June 17. See QFIN Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...
SHANGHAI, May 24, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022...
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2024-06-24 03:28:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...