Lexin(US:LX) 智通财经网·2026-02-07 02:01Core Viewpoint - The stock price of Lexin (LX.US) surged by 6.04% to $2.81, driven by a combination of factors including a bullish U.S. stock market, the upcoming Chinese New Year holiday, and supportive policies from multiple government departments aimed at boosting consumption [1] Group 1: Market Performance - The U.S. stock market saw all three major indices rise, with the Dow Jones Industrial Average reaching a historic high of 50,115.67 points, up 2.47% [1] - The Nasdaq China Golden Dragon Index increased by 3.71%, while the Wind China Concept Technology Leaders Index rose by 2.90% [1] - Notable performances among Chinese concept stocks included Century Huatong and Luokung, both rising over 10%, and several others like Hesai Technology and NIO seeing gains of over 7% [1] Group 2: Policy Support - The Ministry of Commerce, People's Bank of China, and the Financial Regulatory Bureau jointly issued a notice with 11 policy measures to enhance business and financial collaboration, aimed at boosting consumption in goods and new consumption sectors [2] - A special plan for the 2026 "Lego New Spring" festival was released, focusing on increasing financial support during the holiday to stimulate consumer spending [2] Group 3: Lexin's Business Model and Performance - Lexin's core segment, Fenqile Mall, has rapidly expanded its presence in the market, leveraging its installment shopping platform to enhance online and offline consumption experiences [3] - Recent promotional activities led to a significant increase in demand for essential winter products, with sales of warm clothing up 406% year-on-year and sales of heaters up 1495% [3] - By Q3 2025, Lexin's Fenqile helped nearly 160,000 users secure approximately 5 billion yuan in inclusive loans, serving over 4 million customers through its "Believe in Small Dreams" initiative [3] Group 4: Financial Metrics and Shareholder Returns - Lexin is expected to release its Q4 2025 and full-year 2025 financial results in March, with Q3 2025 unaudited results showing a net profit margin of 2%, reflecting a 9 basis point quarter-on-quarter increase and a 92 basis point year-on-year increase [3] - The company has increased its dividend payout ratio from 25% to 30% for the second half of the year, with a significant shareholder return rate of 10.93% [4] - Lexin's current PE ratio is approximately 1.91, and its PB ratio is 0.28, both lower than industry peers, indicating a favorable valuation [4]