Linklogis swings back to the black amid pivot away from property
The company returned to profitability in the first half of 2026 after three years of annual losses, but whether it can sustain that momentum remains to be seen Key Takeaways:…
Lufax reshuffles board as delisting clock ticks down
Four directors at the Ping An-backed online loan facilitator, including its CFO, resigned as it races to resolve its prolonged Hong Kong trading suspension Key Takeaways: Four Lufax board members…
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…
