近年来，国家有关部门、地方监管部门一直在整治"黑灰产"。去年8月，原中国银保监会办公厅发布 《关于进一步加强消费金融公司和汽车金融公司投诉问题整治的通知》，要求严厉打击非法代理黑产， 严肃查处以"征信修复、洗白、铲单、征信异议投诉咨询、代理"为名行骗等。今年以来，上海、深圳等 多地也积极整治"代理退保"等乱象。 互联网金融企业一直在与"黑灰产"较量。例如，美团小贷近日披露了两起该公司协助警方打击非法代理 维权的最新案例。据悉，自2022年以来，该公司已联动全国各地公安机关，协助查办包括电信诈骗、保 险诈骗、反催收代理维权等各类金融"黑灰产"案件77起。 上周，中国互联网金融协会发布《关于加强互联网金融行业协同、维护行业正常秩序的倡议》，呼吁互 联网金融领域从业机构团结一心，共同抵御"黑灰产"活动的侵害，身体力行站在反"黑灰产"的第一线。 倡议一经发布，就得到美团小贷、乐信、奇富科技、信也科技、融360、马上消费、数禾科技等多家机 构的积极响应。 近年来，互联网金融频频受到各类"黑灰产"活动的侵害。"黑灰产"主要通过非法代理维权、反催收联 盟、有组织逃废债、征信修复、非法代理退保、电信网络诈骗、非法贷款中介、盗 ...

Core Insights - Amazon's recent earnings report highlights the unpredictability of market reactions, even when a company exceeds earnings and revenue expectations, as seen with its stock dip due to forward guidance concerns [1] Group 1: Applied Materials - Applied Materials is a crucial player in domestic chip manufacturing, providing essential technologies for chip production, including DRAM and NAND memory, with a current stock price of $185.53 and a 12-month price forecast of $204.09, indicating a 10% upside potential [4][6] - The chip foundry market is expected to grow rapidly, which will sustain high demand for Applied Materials' products, and the company has formed partnerships with Apple and Texas Instruments to supply American-made manufacturing equipment, positioning it favorably in the regulatory landscape [5] - Analysts expect Applied Materials' earnings to grow by 7.4% this year, with 17 out of 25 analysts rating the stock as a Buy, suggesting more than 10% near-term upside potential based on price targets [6] Group 2: Amcor - Amcor is anticipated to see a boost in its earnings report due to its all-stock combination with Berry Global, valued at over $8 billion, completed by the end of April 2025 [8][9] - The acquisition is expected to provide 12% EPS accretion in fiscal 2026 and at least 35% by the end of fiscal 2028, which could excite investors if early signs of success are evident [9] - Eight out of ten analysts view Amcor shares as a Buy, with a 12-month price forecast of $11.51, indicating a 19.75% upside potential [10] Group 3: Sea Ltd. - Sea Ltd. has made significant strides in the digital financial services sector, which is expected to bolster its dominance in Southeast Asia, with a current stock price of $146.38 and a 12-month price forecast of $159.82, suggesting a 9.18% upside [11] - Despite a 2.5% rise in short interest, analysts remain optimistic, with ten out of thirteen rating the stock as a Buy, and a consensus price target indicating room for growth [12] - Analysts predict Sea's earnings could quadruple in the coming year to $2.96 per share, which is a significant point of interest for investors [13] Group 4: Qifu Technology - Qifu Technology, through its credit-tech platform 360 Jietiao, is gaining attention in the Chinese market, with a current stock price of $32.46 and a 12-month price forecast of $51.73, indicating a 59.38% upside potential [14][15] - The company has seen recent earnings successes and formed significant partnerships with municipal banks in China, which are expected to drive interest and growth [16] - Analysts expect Qifu's earnings to grow by nearly 12% in the coming year, with all three analysts rating the stock as a Buy [16]

Group 1 - The core viewpoint of the article highlights significant adjustments in the overseas holdings of domestic private equity firms, particularly focusing on the changes in the portfolio of Jinglin Asset Management [1][2][3] Group 2 - Jinglin Asset's top holdings in US stocks as of the end of Q2 2025 include Meta, which accounts for 25.46% of its portfolio, with a market value exceeding $730 million [2] - The total value of Jinglin Asset's US stock holdings reached $2.873 billion, approximately 20.6 billion RMB, indicating a substantial shift towards internet companies [2] - The firm has sold off several major tech stocks, including Apple, UnitedHealth Group, Regeneron Pharmaceuticals, Pfizer, Legend Biotech, and ZTO Express [2] - The new focus on internet stocks is evident, with significant positions in companies like NetEase, Manbang Group, Pinduoduo, Futu Holdings, and 360 DigiTech [2] Group 3 - Jinglin Asset expressed optimism about China's future development, noting a shift in the competitive strength of Chinese companies from being undervalued to attracting global investment [3] - The new generation of Chinese entrepreneurs is seen as having advantages over the previous generation, leveraging a strong supply chain and engineering talent to create aesthetically pleasing products [3] - Dongfang Harbor's overseas fund has also accelerated its portfolio adjustments, reducing holdings in Nvidia, Amazon, and Apple, while increasing positions in Alphabet, Montreal Bank, and initiating purchases of Tesla, Netflix, and Coinbase [3]

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 Viewpoint - QFIN's stock price increased by 2.14% on August 8, reaching $34.075 per share, with a total market capitalization of $4.582 billion. The company reported a total revenue of 4.691 billion RMB for the fiscal year ending March 31, 2025, representing a year-on-year growth of 12.94%, and a net profit of 1.8 billion RMB, up 54.62% year-on-year [1][2]. 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]. 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][4]. - QFIN also focuses on small and micro enterprises that lack sufficient credit history and collateral, offering tailored loan products to meet their needs [4]. 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 some credit risk [4][6]. - Platform services include a range of technology solutions throughout the loan lifecycle, such as borrower acquisition, credit assessment, and post-loan services, without assuming credit risk [5][6]. Technology Solutions - The company employs a "light capital model" to facilitate transactions between borrowers and financial institutions, charging service fees based on pre-agreed terms [6]. - QFIN's "Intelligent Credit Engine" (ICE) provides smart marketing services to financial institutions, utilizing user analysis and cloud computing to match borrowers with lenders [6][7]. - The company also offers risk management SaaS solutions to help financial institutions improve their credit assessment processes [7].

除了技术落地与实战成效，奇富科技还深度参与行业规范建设，积极主导或参与编制了《金融数据安全 技术防护规范》、《金融数据安全应急响应和处置指引》等多项关键标准。近日，奇富科技还成功获批 成为工业和信息化部人工智能标准化技术委员会（MIIT/TC1）首批成员单位，标志着公司在人工智能 金融安全领域的技术实力与行业贡献获国家层面认可，更意味着企业将深度参与国家人工智能标准体系 制定，为技术规范化发展注入金融科技力量。 通过构建体系化的安全治理框架，部署智能化的防护平台，并深度参与行业标准制定，奇富科技在本次 ISC.AI 2025大会上充分展现了其作为金融科技领域安全引领者的技术实力与责任担当。未来，奇富科 技将以更精准的风险预警、更高效的防御响应，为行业筑牢数字安全防线。 责任编辑：郭栩彤 8月6日，第十三届互联网安全大会（ISC.AI 2025）在北京国家会议中心盛大开幕。作为全球"AI+安 全"领域规格最高的盛会，本届大会以"ALL IN AGENT"为主题，聚焦智能体时代数字安全与人工智能 的前沿发展。奇富科技受邀参展，全方位呈现了其在网络安全领域的创新成果与领先技术实力。 在过去九年中，围绕构建坚实的数字 ...

据悉，Lumo AI一站式合规助手定位为金融机构的合规CTO。这款以大模型技术为引擎的解决方案，深 度融合AI与监管合规，直击效率与精度难题：监管文件解读与内化时间从行业平均的每份40小时锐减 至2小时，政策适配准确率从约68%飙升至99.2%，合规差距识别与整改建议生成效率提升20倍，全流程 SOP自动化执行率超85%，实现了合规管理效率、质量与风险控制能力的三重飞跃。 本报讯 （记者李冰）8月6日，第十三届互联网安全大会（ISC.AI2025）在北京国家会议中心开幕。据 介绍，本届大会以"ALL IN AGENT"为主题，聚焦智能体时代数字安全与人工智能的前沿动态。作为金 融科技安全领域的引领者，奇富科技展示了其信贷超级智能体的重要组成部分、基于大模型的产品 Lumo AI一站式合规助手。 （编辑 郭之宸） Lumo AI一站式合规助手内置2000＋金融监管法规动态库并实时更新，融合300＋风险评估模型、50＋ 金融专属算法及强大的外规内化知识图谱，构建"法规-风险-策略"智能匹配体系，确保差距分析精准、 整改建议有效、SOP执行到位，让每一步决策与行动都有坚实依据。 ...

Core Insights - The 13th Internet Security Conference (ISC.AI 2025) in Beijing focuses on digital security and AI, with the theme "ALL IN AGENT" [1] - Qifu Technology showcases its Lumo AI compliance assistant, highlighting its potential in financial compliance [1][3] Group 1: Product Features - Lumo AI is designed as a compliance CTO for financial institutions, significantly reducing regulatory document interpretation time from an industry average of 40 hours to just 2 hours [1] - The accuracy of policy adaptation has increased from approximately 68% to 99.2%, and the efficiency of compliance gap identification and rectification suggestions has improved by 20 times [1] - The automation execution rate of the entire compliance process exceeds 85%, enhancing efficiency, quality, and risk control capabilities [1] Group 2: Technical Support and Certifications - Lumo AI includes a dynamic library of over 2000 financial regulations, integrates more than 300 risk assessment models, and utilizes over 50 financial-specific algorithms [2] - The company has achieved dual international and domestic certifications, including ISO/IEC 27001 and ISO 27701 for information security and privacy management [2] - Qifu Technology's products have passed various security certifications, establishing a benchmark for mobile financial application security [2] Group 3: Industry Impact - Qifu Technology's Lumo AI compliance assistant provides a practical path for financial institutions to navigate complex regulatory environments, promoting a more efficient and robust compliance landscape [3]

每经AI快讯，8月5日，纳斯达克中国金龙指数小幅上涨，哔哩哔哩、知乎涨幅接近3%，腾讯音乐、爱 回收涨超1%，奇富科技、小马智行跌超1%。 （文章来源：每日经济新闻） ...

Group 1 - The board of Qifutec-S (03660.HK) will hold a meeting on August 14, 2025, to approve the unaudited financial results for the second quarter and six months ending June 30, 2025, and to consider the proposal for dividend distribution, if any [1] - The financial results for the second quarter and interim period will be announced on August 15, 2025, before trading hours on the Hong Kong Stock Exchange [1] - The management team will host a conference call on August 14, 2025, at 8:30 PM Eastern Time to discuss the financial results [1]