Qifu Technology: Despite Asset Quality Deterioration, Fundamentals And Valuations Remain Favorable
Core Viewpoint - Qifu Technology (NASDAQ: QFIN) is rated as a 'Strong Buy' due to its cheap valuation, strong growth, good business economics, and potential for a turnaround in the Chinese economy [1] Group 1: Company Analysis - The company has a strong growth trajectory and favorable business economics, making it an attractive investment opportunity [1] - The valuation of Qifu Technology is considered cheap, indicating potential for price appreciation [1] Group 2: Market Context - There is an expectation of a turnaround in the Chinese economy, which could serve as a catalyst for Qifu Technology's performance [1]