私募巨头景林资产的海外子公司景林资产管理香港有限公司（以下简称景林香港公司），近期向美国证券交易委员会（SEC）提交了截至2025年一季度末 的美股持仓数据，其持仓总市值为32.28亿美元（约合232.78亿元人民币），较去年底有所增加。 今年一季度，景林香港公司新进阿里巴巴、禾赛科技等，加仓了脸书母公司Meta、贝壳、台积电、新东方等，减持了谷歌、微软、Sea、好未来等，清仓 了英伟达、亚马逊、VISA等公司。 记者从渠道了解到景林资产的最新观点，公司表示，当前市场情绪有所改善，继续对中国资产保持乐观，寻找"阿尔法"的投资机会。 一季度末持有32.28亿美元 前十大重仓股占比86.24% 该公司对地产行业的贝壳的增持幅度超过777%，加仓422.80万股，持股达到477.18万股，一季度末持有市值为9586.56万美元，占组合比例的2.97%；加仓 富途控股61.87万股，持股增至190.16万股，期末持仓市值为1.95亿美元；加仓台积电32.96万股，期末持股增至157.46万股，持股市值为2.61亿美元，占组 合比例的8.10%；小幅增持科技巨头苹果，持股增至78.23万股，期末持有市值为1.74亿美元 ...

Core Viewpoint - Qifu Technology, Inc. (QFIN) has demonstrated exceptional stock performance, significantly outperforming its industry and competitors over the past year and six months, driven by strong financial metrics and strategic initiatives [1][4][17]. Company Performance - QFIN stock has increased by 129% over the past year, compared to a 36.8% rise in the industry and 11.4% growth in the Zacks S&P 500 composite [1]. - In the last six months, QFIN has gained 52.4%, while the industry rose by 7.3%, and competitors N-able and NV5 Global saw declines of 22.3% and 11.3%, respectively [4]. - As of the last trading session, QFIN closed at $46.05, down 6.3% from its 52-week high of $48.94 [4]. Financial Strength - Qifu Technology reported strong cash reserves of $1.4 billion at the end of Q4 2024, with only $188 million in current debt, indicating a healthy financial position [10]. - The current ratio of 2.45 exceeds the industry average of 1.76, reflecting the company's ability to meet short-term obligations, with a 22.5% increase from the previous year [11]. - The return on equity stands at 27.3%, significantly higher than the industry average of 5.5%, showcasing exceptional profitability and efficient capital use [13]. Growth Catalysts - China's consumption-driven policies, aimed at boosting income and reducing burdens, serve as a growth catalyst for QFIN [6]. - The company has integrated AI into its operations, leading to a 25.1% improvement in user outreach and a 10% reduction in the average cost per credit line user [8]. - QFIN's loan portfolio, primarily in credit cards, mortgages, and auto loans, aligns well with government initiatives to enhance consumer lending [7]. Valuation and Prospects - QFIN stock is currently priced at 6.4 times forward 12-month earnings per share, significantly lower than the industry average of 24.2 times [15]. - The Zacks Consensus Estimate projects 2025 revenues at $2.4 billion, reflecting a 2.2% increase, and 2026 revenues at $2.7 billion, indicating a 12.4% year-over-year rise [16]. - Earnings estimates for 2025 are pegged at $6.93 per share, a 22.4% increase from the prior year, with 2026 earnings expected to reach $7.77 per share, suggesting a 12% year-over-year rise [16].

Core Viewpoint - Wall Street has experienced a strong recovery due to easing trade tensions, particularly the U.S.-China trade truce and the U.S.-UK deal, which has fostered optimism in the stock market. However, uncertainties regarding Trump and Fed policies persist, making dividend investing an attractive option for consistent income [1]. Dividend Growth Strategy - Dividend investing provides a reliable income source, especially when focusing on stocks with a strong history of year-over-year dividend growth, which can lead to higher returns compared to simple dividend-paying stocks [2][4]. - Stocks with a solid history of dividend growth are typically mature companies, offering protection against market volatility and economic uncertainty while providing consistent payout increases [4][5]. Selection of Dividend Growth Stocks - Three dividend growth stocks identified as compelling picks are Qifu Technology Inc. (QFIN), The TJX Companies Inc. (TJX), and UGI Corporation (UGI) [3]. - Qifu Technology, a credit-tech platform in China, has an estimated earnings growth rate of 22.4% for the year and an average earnings surprise of 14.46% over the last four quarters, with a Zacks Rank of 1 and a Growth Score of B [10]. - TJX Companies, a leading off-price retailer, has an estimated earnings growth rate of 3.99% for the fiscal year ending January 2026 and an average earnings surprise of 5.47% in the past four quarters, holding a Zacks Rank of 2 and a Growth Score of A [11]. - UGI Corporation, a holding company in the energy sector, has seen a positive earnings estimate revision of 3 cents for the fiscal year ending September 2025, with a Zacks Rank of 2 and a Growth Score of B [12][13]. Investment Criteria - The selection criteria for dividend growth stocks include a 5-Year Historical Dividend Growth greater than zero, 5-Year Historical Sales Growth greater than zero, and 5-Year Historical EPS Growth greater than zero, indicating solid growth in dividends, revenues, and earnings [6][7]. - Additional criteria include a Price/Cash Flow ratio less than the industry average, a 52-Week Price Change greater than the S&P 500, and a top Zacks Rank, which collectively narrow down the stock universe to high-potential candidates [8][9].

Core Viewpoint - Qifu Technology, Inc. will hold its annual general meeting (AGM) on June 30, 2025, to discuss several key resolutions including a name change and re-appointment of auditors [1][4]. Group 1: AGM Details - The AGM is scheduled for June 30, 2025, at 10:00 a.m. Beijing time, at Lujiazui Finance Plaza, Shanghai [1]. - The record date for Class A ordinary shares is set for May 27, 2025, Hong Kong time, allowing holders to attend and vote at the AGM [2]. - Holders of American Depositary Shares (ADSs) must provide voting instructions to The Bank of New York Mellon to exercise their voting rights [3]. Group 2: Proposed Resolutions - Proposed changes at the AGM include changing the company's English name from "Qifu Technology, Inc." to "Qfin Holdings, Inc." [1]. - The company plans to adopt an amended and restated memorandum and articles of association [1]. - Deloitte Touche Tohmatsu Certified Public Accountants LLP is proposed for re-appointment as the auditor until the next AGM [1]. - Mr. Xiangge Liu is proposed for re-election as a director of the company [1]. Group 3: Company Overview - Qifu Technology is a leading AI-empowered Credit-Tech platform in China, providing technology services throughout the loan lifecycle [5]. - The company utilizes machine learning models and data analytics to enhance credit service accessibility for consumers and SMEs [5].

Core Viewpoint - Qifu Technology, Inc. is set to hold its annual general meeting (AGM) on June 30, 2025, to discuss several key resolutions including a name change and re-appointment of auditors [1][4]. Group 1: AGM Details - The AGM will take place at 10:00 a.m. on June 30, 2025, in Shanghai, China [1]. - The agenda includes changing the company's English name from "Qifu Technology, Inc." to "Qfin Holdings, Inc." [1]. - The company plans to adopt an amended and restated memorandum and articles of association [1]. - Deloitte Touche Tohmatsu Certified Public Accountants LLP is proposed to be re-appointed as the auditor until the next AGM [1]. - Mr. Xiangge Liu is up for re-election as a director of the company [1]. Group 2: Shareholder Information - The record date for Class A ordinary shares is set for May 27, 2025, Hong Kong time, allowing holders to attend and vote at the AGM [2]. - Holders of American Depositary Shares (ADSs) must provide voting instructions to The Bank of New York Mellon to exercise their voting rights [3]. Group 3: Company Overview - Qifu Technology is recognized as a leading AI-empowered Credit-Tech platform in China, offering a range of technology services to financial institutions and consumers [5]. - The company utilizes advanced machine learning models and data analytics to enhance the loan lifecycle, including borrower acquisition and credit assessment [5]. - Qifu Technology aims to make credit services more accessible and personalized for consumers and SMEs through its Credit-Tech services [5].

Core Viewpoint - QFIN's stock price increased by 4.97% on May 12, reaching $44.675 per share, with a total market capitalization of $6.269 billion. The company reported a total revenue of 17.166 billion RMB for the year ending December 31, 2024, representing a year-on-year growth of 5.38%, and a net profit of 6.264 billion RMB, which is a 46.18% increase year-on-year [1][2]. Group 1: Company Overview - QFIN is a leading credit technology platform in China, focused on providing innovative credit services to financial institutions, enabling consumers and small businesses to access personalized credit solutions [2][3]. - The company collaborates with 133 financial institutions, including state-owned and regional banks, to enhance credit assessment and risk management processes [2]. Group 2: Target Audience - The company targets consumers who are underserved by traditional financial institutions, particularly those with limited credit histories but stable incomes and high growth potential [3]. - QFIN also focuses on small and micro enterprises that lack sufficient credit history and collateral, offering tailored loan products to meet their needs [4]. Group 3: Service Offerings - QFIN provides two main types of services: credit-driven services and platform services, both designed to improve the lending process and enhance user experience [4][5]. - Credit-driven services involve matching potential borrowers with financial institutions, where QFIN assumes credit risk for certain loan products [4]. - Platform services include a range of technology-driven solutions throughout the loan lifecycle, such as borrower acquisition, credit assessment, and post-loan services, without assuming credit risk [5][6]. Group 4: Technology and Innovation - The company utilizes its proprietary Intelligent Credit Engine (ICE) to offer smart marketing services and assist financial institutions in initial credit screening [6]. - QFIN has also introduced a risk management SaaS service to help financial institutions improve their credit assessment processes [7].

Company Overview - Qifu Technology, a leading fintech company in China, has achieved a significant milestone by having its research paper accepted at the prestigious International Joint Conference on Artificial Intelligence (IJCAI) 2025 [1][2] - The company is listed on NASDAQ (QFIN) and HKEX (3660) [1] Research Achievement - The paper titled "Leveraging MLLM Embeddings and Attribute Smoothing for Compositional Zero-Shot Learning" focuses on Compositional Zero-Shot Learning, which aims to identify novel combinations of attributes and objects using existing knowledge [3] - The acceptance rate for IJCAI is only 19.3%, highlighting the competitiveness and prestige of the conference [2] Technological Innovation - The research introduces an innovative framework named TRIDENT, which integrates Multimodal Large Language Model (MLLM) embeddings and attribute smoothing to overcome traditional challenges in the field [3] - TRIDENT utilizes modules like Feature Adaptive Aggregation (FAA) to mitigate background noise and enhance semantic representation, demonstrating state-of-the-art performance across multiple datasets [3] Applications in Fintech - In the fintech sector, TRIDENT shows potential in intelligent risk control by analyzing multimodal data to detect emerging fraud patterns more quickly than traditional models, thereby improving assessment accuracy and reducing losses [4] - The framework also enhances customer service by enabling a more precise understanding of complex user inquiries, leading to personalized and efficient support [4] Commitment to AI Innovation - This achievement underscores Qifu Technology's commitment to AI innovation, with plans to increase R&D investment and deepen collaborations with academic institutions to drive advancements in AI applications [5]

Core Viewpoint - Qifu Technology, a leading AI-empowered Credit-Tech platform in China, is set to report its unaudited financial results for Q1 2025 on May 19, 2025, after U.S. markets close [1]. Financial Results Announcement - The unaudited financial results for the first quarter ended March 31, 2025, will be reported after U.S. markets close on May 19, 2025 [1]. - An earnings conference call will be hosted by the management team at 8:30 PM U.S. Eastern Time on May 19, 2025 [2]. Conference Call Details - Participants must pre-register online to join the conference call, with a registration link provided [3]. - A live and archived webcast of the conference call will be available on the Investor Relations section of the Company's website [4]. Company Overview - Qifu Technology is recognized as a leading AI-empowered Credit-Tech platform in China, utilizing machine learning models and data analytics to offer a comprehensive suite of technology services [5]. - The Company aims to enhance accessibility and personalization of credit services for consumers and SMEs through its Credit-Tech services [5].

Core Viewpoint - QFIN's stock price increased by 2.01% to $43.64 per share, with a total market capitalization of $6.123 billion as of May 6 [1] - For the fiscal year ending December 31, 2024, QFIN reported total revenue of 17.166 billion RMB, a year-on-year increase of 5.38%, and a net profit attributable to shareholders of 6.264 billion RMB, a year-on-year increase of 46.18% [1] Group 1: Company Overview - QFIN is a leading credit technology platform in China, focused on providing innovative credit services to financial institutions, consumers, and small and micro enterprises [2][3] - The company aims to enhance the accessibility and personalization of credit services through technology solutions, helping financial institutions identify and assess potential borrowers [2][3] Group 2: Target Audience - The company targets consumers who are underserved by traditional financial institutions, particularly those with limited credit histories but stable incomes and high growth potential [3] - QFIN also focuses on small and micro enterprises that lack sufficient credit history and collateral, offering tailored loan products to meet their needs [4] Group 3: Services Offered - QFIN provides two main types of services: credit-driven services and platform services, both designed to improve the lending process and borrower experience [4][5] - Credit-driven services involve matching potential borrowers with financial institutions, where QFIN assumes some credit risk [4][6] - Platform services include a range of technology solutions for different stages of the loan lifecycle, such as borrower acquisition and credit assessment, without assuming credit risk [5][6] Group 4: Technology and Innovation - The company utilizes its proprietary Intelligent Credit Engine (ICE) to offer smart marketing services and assist financial institutions in initial credit screening [6][7] - QFIN has also introduced a risk management SaaS service to help financial institutions improve their credit assessment processes [7]

Qifu Technology ( QFIN ) has been delivering quite good results over the last few quarters with improving asset quality amid macroeconomic headwinds. Moreover, the recent Chinese policymaker focus on consumer spending can spur demand forI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My ...