SHANGHAI, China, April 02, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today provided updates on its share repurchase plans. On June 20, 2023, the Company announced a share repurchase plan (the "2023 Share Repurchase Plan"), whereby the Company is authorized to repurchase its American depositary shares ("ADSs") or Class A ordinary shares with an aggregate value of up to US$150 million during the 12- ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

交银国际研究 公司更新 金融科技 收盘价 目标价 潜在涨幅 2024年3月20日 美元18.47 美元23.00↑ +24.5% 奇富科技 (QFIN US) 2024 年更加侧重增长质量和股东回报，维持买入  4 季度盈利符合市场预期，2023年促成贷款增速符合指引。公司2023年 个股评级 归母净利润为42.85亿元（人民币，下同），同比增6.5%，符合彭博一致 买入 预期。2023年促成贷款金额同比增长15.4%，符合公司此前指引，4季度 促成贷款同比+13.8%/环比-3.4%。4季度年化net take rate为3.2%，同比上 1年股价表现 升0.4个百分点，环比略降0.1个百分点。 QFIN US  轻资产占比环比提升，预计2024年保持提升趋势。4季度轻资产占促成贷 15% MSCI中国指数 10% 款的比重为57.3%，环比上升0.8个百分点，公司预计2024年出于权衡风 5% 0% 险的考虑，轻资产占比将进一步提升。 -5% -10% -15%  资产质量仍有压力，但12月以来有所改善，公司预计2024年贷款风险表 -20% -25% 现有望同比稳定。4季度90天违约率为2.35% ...

Qifu Technology, Inc. (NASDAQ:QFIN) Q4 2023 Earnings Conference Call March 12, 2024 8:30 PM ET Company Participants Karen Ji - Senior Director of Capital Markets Wu Haisheng - CEO Alex Xu - CFO Yan Zheng - Chief Risk Officer Conference Call Participants Richard Xu - Morgan Stanley Alex Ye - UBS Emma Xu - Bank of America Securities Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Qifu Technology Fourth Quarter and Full Year 2023 Earnings Conference Call. [Operator I ...

Full Year 2023 Total Facilitation and Origination Loan Volume*1 of RMB475.8 BillionFull Year 2023 Net Income of RMB4.3 Billion and Non-GAAP*2 Net Income of RMB4.5 BillionEstimated US$170 Million Cash Dividends for Full Year 2023*3 and Approximately US$132 Million Aggregate Value of ADSs Repurchased*4 Since the Launch of the Share Repurchase Plan in June 2023Announce A New US$350 Million Share Repurchase Plan and Reaffirm Existing Semi-Annual Dividend Policy SHANGHAI, China, March 12, 2024 (GLOBE NEWSWIRE) - ...

Exhibit 99.1 Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase Plan Full Year 2023 Total Facilitation and Origination Loan Volume of RMB475.8 Billion Full Year 2023 Net Income of RMB4.3 Billion and Non-GAAP Net Income of RMB4.5 Billion Estimated US$170 Million Cash Dividends for Full Year 2023 and Approximately US$132 Million Aggregate Value of ADSs Repurchased Since the Launch of the Share Repurchase P ...

SHANGHAI, China, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, after U.S. markets close on Tuesday, March 12, 2024. Qifu Technology's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Tuesday, March 12, 2024 (8:30 AM Beijing Time ...

Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Rocket Companies (RKT) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is ...

Qifu Technology, Inc. (QFIN) shares ended the last trading session 5.8% higher at $14.67. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.5% loss over the past four weeks.The price surge can be correlated to the positive expectations of the company’s future performance driven by strong customer acquisition channels, high percentage of repeat customers, and the continued investment in Artificial Intelligence and l ...

Investors interested in Technology Services stocks are likely familiar with Qifu Technology, Inc. (QFIN) and Rocket Companies (RKT) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while ...