BRIEF: FinVolution revenue falls, as overseas growth continues
Online lending platform FinVolution Group (FINV.US) reported on Monday that its first-quarter revenue fell 20% year-over-year to 2.22 billion yuan ($327 million). But it continued to post strong growth overseas,…
China’s changing consumer economy: A fintech lending crackdown and a toothpaste IPO
"Young Chinese today think nothing of buying just anything that they need on an app and getting it delivered to their door 30 minutes later." Rene Vanguestaine Key Takeaways: A…
Its accounting scandal wrapping up, Lufax faces bigger challenge from China’s economy
The loan facilitator revealed previously undisclosed transactions and changed its CEO as it tries to resume trading of its Hong Kong shares after a year-long suspension Key Takeaways: Lufax disclosed…
Qfin goes from fintech stud to dud as new regulations kick in
The online loan facilitator posted weak third-quarter results and was downbeat on the final three months of the year, contrasting with a strong finish to 2024 Key Takeaways: Qfin’s revenue…
Lufax deepens Ping An reliance, as it works towards trading resumption
The online loan facilitator has signed a flurry of agreements strengthening its ties to its parent, Ping An Group, as it works towards reinstatement of trading for its Hong Kong…
Linklogis stuck in China’s real estate slump
Transactions on the company’s supply chain financing platforms grew just 7% in the first quarter as it failed to reduce its reliance on property-related customers Key Takeaways: Transactions on Linklogis’…
Jiayin cashes in on China’s efforts to boost consumer spending
The fintech lender’s revenue from its main business jumped in last year’s fourth quarter as China rolled out a series of measures to stimulate its economy Key Takeaways: Jiayin’s revenue…
Recent Articles
RELATED ARTICLES
-
Looking for overseas growth, Aier Eye seeks Hong Kong listing
300015.SHE -
BRIEF: Sinopharm’s revenue and profit rise, but cash outflow continues in first quarter
1099.HK600511.SHG
- BRIEF: ZTO gross profit falls, despite revenue growth
-
BRIEF: Tsingtao Brewery revenue falls but profit rises in first quarter
0168.HK
