BRIEF: Ruihe Data to raise $16 million in 14% discounted share placement
Financial big data and AI solutions provider Ruihe Data Technology Holdings Ltd. (3680.HK) announced on Sunday that it plans to place up to 158 million new shares to six or…
FAST NEWS: OneConnect’s loss narrows on aggressive cost controls
The latest: Financial technology services provider OneConnect Financial Technology Co. Ltd. (OCFT.US; 6638.HK) announced Monday that its net loss narrowed 58.4% to 363 million yuan ($50.4 million) in 2023. Looking up:…
Qudian Headed for Wall Street Exit Door? Not So Fast, Perhaps
Former fintech highflyer’s average share price falls below $1 for 30 days, even as analyst sentiment shows sudden positive shift Key takeaways: Qudian’s stock has closed at an average price…
FinVolution Solidifies New Growth Path After Weathering Fintech Clampdown
Company’s latest quarterly results show it’s bouncing back strongly from regulatory overhaul for former P2P lenders Key takeaways: • FinVolution’s user base increased sharply in the third quarter, leading to…
