7月17日，陆控(06623HK,NYSE LU)发布复牌进度季度更新公告，并公布经营摘要载列：二季度所赋能 新增贷款总额为人民币489亿元，与24年同期相比，增加8.1%。 公司坚持以"质量为先"的审慎经营战 略，通过"小微+消金"双轮驱动，持续增强金融支持实体经济可持续性。消费金融贷款的尚未偿还余额 为545亿元， 同比增加29.8%。 ...

美东时间周四 (7 月 24 日) 美股收盘，陆控 (LU.US) 股价大涨 5.68%，收盘报 3.35 美元，当日成交额 2743.58 万美元。 陆控开盘即高开开走，最高涨至 3.41 美元，此一价格创下了四个月来的新高 —— 此前为 3 月 17 日的 3.379 美元；这也是陆控连续四个交易日上涨，四个交易日累计涨幅 19.6%, 近 20%。 值得注意的是，该公司过去两个交易日成交活跃，两个交易日交易额均突破 2000 万美元。今日 2741.33 万美元的交易额，亦是过去三个月新高。 市场层面，受特朗普称希望鲍威尔降息影响，美国三大股指收盘涨跌不一，道指跌 0.7%，标普 500 指 数涨 0.07%，纳指涨 0.18%。其中，标普 500 指数、纳指续创历史新高。 热门中概股收盘普跌，纳斯达克中国金龙指数跌 1.54%。此中，亿咖通科技涨近 18%，亿鹏能源涨约 10%，水滴公司涨约 9%，名创优品涨约 8%，大全新能源涨约 8%。 股价上涨，可能源于新增贷款总额同比增长、资产质量表现稳定等因素影响。 根据此前公告显示，陆控 2025Q2 多项关键数据持续向好。在新增贷款方面，2025 年第二 ...

Core Viewpoint - The company actively participates in a six-month crackdown on illegal financial activities, establishing a new governance model to combat financial black and gray industries, demonstrating a commitment to consumer rights and market order [1] Group 1: Joint Defense and Control - The company has created a "1+N" linkage system to enhance cross-regional collaboration against financial black and gray activities, forming special consumer protection teams in over 20 regions [2] - A standardized mechanism for evidence collection and case collaboration has been established, significantly improving the efficiency of tackling illegal activities [2] - Successful cases include the arrest of a fraud ring in Shenzhen and the recovery of over 60,000 yuan for a victim, showcasing effective police and corporate cooperation [2] Group 2: Intelligent Risk Warning - The company has integrated artificial intelligence into its risk warning processes, developing an intelligent platform for automatic identification and warning against black and gray activities [4] - The "Smart Core" customer service platform utilizes a dual-engine approach for behavior analysis, improving problem identification efficiency by over 40% [4] - A proactive service platform has been created to identify customer issues early, reducing operational interruptions by 910,000 instances annually [4] Group 3: Public Education and Awareness - The company has launched a "Party Building + Consumer Protection" model to disseminate financial safety knowledge widely, reaching over 3.6 million people through online campaigns [5] - Offline educational activities have been conducted in communities, schools, and businesses, covering over 17.28 million individuals through 588 events [6] - Tailored educational programs for high-risk groups, including interactive performances and legal awareness activities, have been implemented to enhance public understanding of financial risks [6]

Group 1: Financial Performance - In the first half of 2024, Lufax Holdings reported the highest revenue among nine fintech companies at 12.94 billion yuan, but experienced a year-on-year revenue decline of 33.12% and a net profit drop of 189.86% [1] - Qifu Technology achieved a revenue of 8.313 billion yuan, with a year-on-year revenue growth of 10.65% and a net profit increase of 25.41%, making it one of the few fintech companies with double-digit growth [1] - Overall, the nine listed fintech companies showed a trend of increasing revenue but declining net profits in the first half of 2024 [6] Group 2: Asset Quality and Risk Management - Many fintech companies are facing rising overdue rates due to a complex macro environment, with Xiaoying Technology reporting a 90-day overdue rate of 4.38%, an increase of 1.88 percentage points year-on-year [2] - Lufax's overdue rate increased by only 0.1 percentage points compared to the previous year, indicating a relatively stable asset quality [2] - The total outstanding loan balance for Lufax decreased by 44.80% year-on-year to 235.2 billion yuan, while Xiaoying Technology's outstanding loan balance fell by 7.25% [2] Group 3: Support for Small and Micro Enterprises - In Q2 2024, fintech companies continued to support the sustainable development of small and micro enterprises, with Qifu Technology's loan balance reaching 157.778 billion yuan and facilitating loans of 95.425 billion yuan [4] - Lufax's loan balance was 235.2 billion yuan, with new loans of 45.2 billion yuan and a 27.9% year-on-year growth in consumer finance loan balance [4] Group 4: International Expansion and Innovation - Several fintech companies are actively expanding into international markets, with Lexin's overseas business in Mexico showing a 61% quarter-on-quarter growth in loan issuance [8] - Financial One Account's overseas customer revenue contribution increased by 14.8% year-on-year, covering 20 countries and regions [8] Group 5: Diversification and Technological Innovation - Diversification into multiple business lines is emerging as a new growth point for fintech companies, with Lufax's consumer finance new loans accounting for 49% of total new loans [9] - Companies are increasing investments in technology R&D, with significant improvements in operational efficiency reported after implementing AI technologies [9]

Core Insights - The overall performance of the seven fintech companies, including Lufax, Qifu Technology, Xinye Technology, Lexin, Xiaoying Technology, Jiayin Technology, and Yirendai, showed mixed results, but asset quality continued to improve [1] Performance Analysis - Lufax reported the highest revenue of 5.543 billion yuan in Q3 2024, but its revenue decreased by 31.14% year-on-year, with net profit declining by over 100% [2] - Jiayin Technology also experienced a decline in both revenue and profit, with Q3 2024 revenue at 1.445 billion yuan, down 1.46% year-on-year, and net profit at 270 million yuan, down 16.73% [3] - Qifu Technology achieved a revenue of 4.370 billion yuan in Q3 2024, with a year-on-year revenue growth of 2% and a net profit increase of approximately 50%, making it one of the few companies with positive growth [3] Asset Quality Improvement - Despite some companies facing performance pressures, the overdue rates indicated an improvement in asset quality across the fintech sector [4] - As of September 30, 2024, Xinye Technology's overdue rate for loans over 90 days was 2.50%, while Yirendai showed improvements in various overdue categories [4] - Qifu Technology's overdue rate for loans over 90 days decreased to 2.72% from 3.4% in the previous quarter, reflecting better risk management [4] Market Outlook - Analysts noted a divergence in financial indicators among the listed fintech companies, but a common trend of improving overdue rates and asset recovery was observed [5] - The companies are expected to focus on enhancing business quality and efficiency, while also consolidating less profitable marginal businesses [5]

Core Viewpoint - The company actively participates in a six-month crackdown on illegal financial activities, establishing a new governance model to combat financial black and gray industries, demonstrating a commitment to consumer rights and market order [1] Group 1: Joint Prevention and Control - The company has developed a "1+N" linkage system to enhance cross-regional collaboration against financial black and gray activities, forming special consumer protection teams in over 20 regions [2] - A standardized mechanism for evidence collection and case collaboration has been established, significantly improving the efficiency of tackling illegal activities [2] - Successful cases include the recovery of over 60,000 yuan for a victim in Jiangsu and the dismantling of a fraudulent organization in Shenzhen [2][3] Group 2: Intelligent Risk Warning - The company integrates artificial intelligence into its risk warning processes, creating an automated platform for identifying and intercepting black and gray activities [4] - The "Smart Core" customer service platform utilizes a dual-engine approach for behavior analysis, improving problem identification efficiency by over 40% [4] - The proactive service platform "Accompanying Core" has reduced customer operational interruptions by 910,000 instances annually [4] Group 3: Public Education and Awareness - The company has launched a "Party Building + Consumer Protection" model to disseminate financial safety knowledge widely, reaching over 3.6 million people through online campaigns [5] - Offline educational activities have been conducted in communities, schools, and businesses, covering over 17.28 million individuals through 588 events [6] - Tailored educational programs for high-risk groups, including interactive performances and legal awareness activities, have been implemented to enhance public understanding of financial risks [6]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 2025年7月31日 | | --- | | 截至月份: 狀態: 新提交 | 致：香港交易及結算所有限公司 公司名稱: 陆金所控股有限公司 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06623 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | USD | | 0.00001 | USD | | 100,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 10,000,000,000 | USD | | 0.00001 | USD | | 100 ...

Market Capitalization Summary - New Oriental has a market capitalization of 16.359 billion [2] - TAL Education has a market capitalization of 10.938 billion [2] - Vipshop has a market capitalization of 6.578 billion [2] - Miniso has a market capitalization of 5.578 billion [2] - Zai Lab has a market capitalization of 3.982 billion [2] - Huya has a market capitalization of 0.724 billion [3] Stock Performance - New Oriental's stock increased by 0.77 (+3.89%) [2] - TAL Education's stock decreased by 0.04 (-0.82%) [2] - Vipshop's stock decreased by 0.18 (-1.19%) [2] - Miniso's stock decreased by 0.50 (-2.62%) [2] - Zai Lab's stock decreased by 1.95 (-5.16%) [2] - Huya's stock increased by 0.01 (+0.45%) [3] Additional Company Insights - Financial One Account has a market capitalization of 0.287 billion [3] - Xiaomi has a market capitalization of 0.213 billion [3] - Huami has a market capitalization of 0.175 billion [3] - Tuniu has a market capitalization of 0.120 billion [3]

Market Capitalization Overview - New Oriental has a market capitalization of 15.747 billion [2] - TAL Education (好未来) has a market capitalization of 11.040 billion [2] - Vipshop (唯品会) has a market capitalization of 9.610 billion [2] - Miniso (名创优品) has a market capitalization of 5.940 billion [2] - Zai Lab (再鼎医药) has a market capitalization of 4.200 billion [2] - Huya (虎牙) has a market capitalization of 7.500 billion [2] Stock Performance - New Oriental's stock increased by 0.36 (+8.09%) [2] - TAL Education's stock decreased by 0.27 (-0.60%) [2] - Vipshop's stock increased by 0.56 (+2.49%) [2] - Miniso's stock increased by 0.01 (+0.07%) [2] - Zai Lab's stock decreased by 0.81 (-4.06%) [2] - Huya's stock increased by 0.03 (+0.75%) [2] Additional Company Insights - Financial One Account (金融壹账通) has a market capitalization of 2.91 million [3] - Xunlei (迅雷) has a market capitalization of 4.48 million [3] - Huami Technology (华米科技) has a market capitalization of 1.64 million [3] - Tuniu (途牛) has a market capitalization of 1.21 million [3] - Aiqiyi (爱奇艺) has a market capitalization of 24.11 billion [2]

Market Capitalization Summary - New Oriental has a market capitalization of 15.98 billion [2] - MIN (Ming Chao) has a market capitalization of 10.21 billion [2] - TAL has a market capitalization of 9.38 billion [2] - The market capitalization of various companies includes: - 7.77 billion for Grape Fang [2] - 6.21 billion for Yi Pin Hui [2] - 4.28 billion for Zai [2] - 3.83 billion for Huya [2] Stock Performance - New Oriental's stock increased by 0.28 (+1.45%) [2] - MIN's stock decreased by 0.20 (-4.25%) [2] - TAL's stock decreased by 0.15 (-0.69%) [2] - Grape Fang's stock decreased by 2.39 (-5.11%) [2] - Yi Pin Hui's stock increased by 0.38 (+1.94%) [2] - Zai's stock decreased by 0.10 (-0.93%) [2] Additional Company Insights - The market capitalization of various companies shows a diverse range, with some experiencing significant fluctuations in stock prices [2] - Companies like Huami and Cheetah Mobile have market capitalizations of 1.76 billion and 1.73 billion respectively, with varying stock performance [4] - The overall market trends indicate a mix of gains and losses across different sectors, reflecting the volatility in the market [4]