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 ...

Core Viewpoint - QFIN's stock price increased by 2.12% on May 1, reaching $41.9 per share, with a total market capitalization of $5.879 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, as well as consumer finance companies, to enhance credit assessment and risk management [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][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]. 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 the borrowing experience [4][5]. - Credit-driven services involve matching potential borrowers with financial institutions, where QFIN assumes some credit risk by providing default risk guarantees [5][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 [6][7]. 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].

Investors interested in Technology Services stocks are likely familiar with Qifu Technology, Inc. (QFIN) and Symbotic Inc. (SYM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Sc ...

Core Insights - The eighth Digital China Construction Summit was held in Fuzhou, Fujian Province, focusing on the theme of "Artificial Intelligence Leading the New Trend of Digital Development" [2] - QiFu Technology emphasizes that AI innovation must be practical and industry-relevant, with a strategic focus on digital transformation and efficiency improvement [2][3] - The company is set to develop end-to-end financial solutions starting in 2024, building on its initial focus on efficiency-enhancing tools like copilot [2] Group 1 - QiFu Technology identifies three key development directions for the future: upgrading collaboration models, enhancing production materials, and transforming production modes [3] - The integration of intelligent agents and virtual employees into enterprise operations marks the beginning of a fully intelligent era for QiFu Technology [3] - The advancement of multimodal technology will enhance machines' perception and cognitive abilities regarding the physical world, thereby improving digital capabilities [3] Group 2 - QiFu Technology is exploring the application of self-developed large model technology in the microfinance sector, aiming to optimize loan accessibility for small and micro enterprises [3] - The company is focused on deep data mining to accurately identify small business owners and improve industry classification and customer profiling [3]

Group 1 - The event "Dual Empowerment: 2025 Guangzhou AI and Modern Finance Integration" was held in Guangzhou, focusing on the integration of AI and finance [1] - The former Deputy Governor of the People's Bank of China, Li Dongrong, emphasized that digital finance serves as a connector and booster for other financial sectors, driven by data elements and digital technology [1] - The CEO of Qifu Technology, Wu Haisheng, stated that the application of large models in finance is about to enter an explosive phase, enhancing AI penetration in the financial sector [1] Group 2 - Qifu Technology's President, Zhou Xuqiang, projected that the credit approval sector will undergo profound changes in the next 5 to 10 years, with deep integration of AI and financial operations [2] - Qifu has developed four financial AI agents: AI Marketing Assistant, AI Approval Officer, AI Decision Assistant, and AI Compliance Assistant, based on their proprietary heterogeneous model platform [2] - Qifu has partnered with multiple financial institutions, including Guangdong Huaxing Bank, to explore the application of AI agents in various business scenarios, focusing on marketing, risk control, decision analysis, and compliance [2]

Core Viewpoint - QFIN's stock opened up 3.43% on April 17, with a market cap of $5.303 billion and a revenue of 17.166 billion RMB, reflecting a year-on-year growth of 5.38% [1][2] Financial Performance - As of December 31, 2024, QFIN reported total revenue of 17.166 billion RMB, a 5.38% increase year-on-year [1] - The net profit attributable to shareholders reached 6.264 billion RMB, marking a significant year-on-year growth of 46.18% [1] Upcoming Events - QFIN is scheduled to disclose its Q1 2025 financial report on May 19, with the actual date subject to company announcements [2] Company Overview - QFIN is a leading credit technology platform in China, focused on providing innovative credit services to financial institutions and facilitating access to credit for consumers and small businesses [2][3] - The company collaborates with 133 financial institutions, including state-owned and regional banks, to enhance credit assessment and risk management [2] Target Market - The company targets consumers who are underserved by traditional financial institutions, particularly those with limited credit histories but stable incomes [3] - QFIN also focuses on small and micro enterprises that lack sufficient credit history and collateral, offering tailored loan products [4] Service Offerings - QFIN provides credit-driven services that match potential borrowers with financial institutions, enhancing credit assessment and loan facilitation [4][5] - The platform services include comprehensive loan matching and post-loan services, utilizing a light capital model that minimizes credit risk for the company [6][7] Technology Solutions - The company employs the Intelligent Credit Engine (ICE) to offer smart marketing services and assist financial institutions in initial credit screening [6] - QFIN also provides risk management SaaS solutions to help financial institutions improve their credit assessment processes [7]

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Casella (CWST) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Casella is a member of the Business Services sector. This group includes 272 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank gau ...

Qifu Technology, Inc. (QFIN) shares ended the last trading session 6.2% higher at $38.63. 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 15.8% loss over the past four weeks.The stock has recorded this price rise as the company benefits from a decline in the delinquency rate after 30-day collection on the overall loan portfolio. Furthermore, an increase in total loan facilitation and origination volume on the compa ...

Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Climb Global Solutions (CLMB) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.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 estimat ...

SHANGHAI, China, March 27, 2025 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660)) ("Qifu Technology" or the "Company"), a leading AI-empowered Credit-Tech platform in China, today announced the completion of its offering of convertible senior notes (the "Notes Offering") in an aggregate principal amount of US$690 million due 2030 (the "Notes"), including the initial purchasers' full exercise of option to purchase an additional US$90 million principal amount of the Notes. The Notes have be ...