360 Finance Inc - ADR

360 DigiTech, Inc. is a holding company, which engages in the provision of digital consumer finance platforms. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company proprietary technology platform supports full transaction lifecycle from credit application through settlement. The company was founded on July 25, 2016 and is headquartered in Shanghai, China.

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Earnings data Q3 2023

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360 Finance Inc reports resilient Q4 performance and eyes growth

360 Finance Inc navigated challenges in Q4 2022 to achieve positive performance and growth.
The company's strategic strengths include cost reduction, funding optimization, and regulatory compliance.
Opportunities lie in expanding user base, diversifying acquisition channels, and targeting SME segments.

360 Finance Inc reports robust Q1 performance and accelerates ABS issuance

360 Finance Inc delivered strong financial results in Q1 2023, showcasing growth in user connections, loan volume, and risk management improvements. The company's strategic initiatives to enhance customer acquisition, expand outreach, and strengthen SME borrower management position it for continued success. Opportunities lie in optimizing operations, leveraging partnerships, and advancing technological capabilities.

Qifu Technology excels in loan facilitation and user engagement strategies

Qifu Technology's Q2 2023 performance reflects strong growth in loan facilitation, user adoption, and operational efficiency, supported by strategic upgrades.
The company's strengths lie in effective growth strategies, enhanced user engagement, technology solutions progress, and shareholder value creation initiatives.
Challenges include risk management amidst growth, profitability maintenance, industry competition, and regulatory dynamics, requiring careful navigation.
Opportunities for Qifu Technology include continued user engagement enhancement, strategic partnerships, business expansion, and proactive risk management strategies.

360 Finance Inc reports solid Q3 performance amidst China's economic softening

360 Finance Inc delivered a resilient performance in Q3 2023, focusing on growth, risk management, and operational efficiency. While facing challenges in asset quality and market fluctuations, the company remains optimistic about future loan volume growth and enhancing user engagement. Strategic initiatives like the loyalty program and technology investments position 360 Finance Inc for long-term success.

360 Finance Inc reports strong Q4 earnings, eyes strategic growth

360 Finance Inc delivered robust financial performance in Q4 2023, emphasizing quality growth, operational efficiency, and strategic partnerships to drive revenue and net income growth.
While facing challenges in maintaining prudence and balancing growth with risk management, the company's optimized funding structure and asset allocation strategies position it well for future opportunities.
Strategic investments, a new share repurchase program, and a focus on customer loyalty and risk management present avenues for sustained growth and value creation in 2024.

360 Finance Inc reports robust Q1 earnings, eyes growth opportunities

360 Finance Inc delivered strong financial results in Q1 2024, showcasing growth in revenue, net income, and profitability metrics, outperforming industry peers.
The company's strategic initiatives to improve asset quality, enhance operational efficiency, and optimize risk metrics have positioned it for continued success and shareholder value creation.
While facing challenges in funding costs and market dynamics, 360 Finance Inc has opportunities to leverage its strengths in technology, asset quality, and financial management for sustained growth and performance.

Qifu Technology achieves record profitability in Q3 earnings call

Qifu Technology's Q3 performance reflects strong growth in profitability, user base, and operational efficiency.
The company's focus on technology and partnerships positions it well for future growth and innovation.
Challenges lie in maintaining profitability amidst economic uncertainties and effectively managing capital allocation.

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Qifu Technology. Inc. is a holding company, which engages in the provision of digital consumer finance platforms. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company's proprietary technology platform supports full transaction lifecycle from credit application through settlement. The company was founded on July 25, 2016 and is headquartered in Shanghai, China.

QFIN is breaking out into a 10-month high on an improving outlook for Chinese consumer credit as "Covid-Zero" policies get rolled back. The company has reported impressive operating and financial trends that can accelerate into 2023.

360 DigiTech: New Momentum In Chinese Consumer Credit

Investors need to pay close attention to 360 DigiTech (QFIN) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in 360 DigiTech (QFIN) Stock?

SHANGHAI, China, Nov. 23, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) (“360 DigiTech” or the “Company”), a Credit-Tech platform in China, today announced the pricing of its global offering (the “Global Offering”) of 5,540,000 Class A ordinary shares of the Company (the “Offer Shares”). The Global Offering comprises a Hong Kong public offering (the “Hong Kong Public Offering”) and an international offering (the “International Offering”).

360 DigiTech Announces Pricing of Global Offering

SHANGHAI, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced the launch of its global offering (the “Global Offering”) of 5,540,000 Class A ordinary shares of the Company, which comprises a Hong Kong public offering of initially 560,000 Class A ordinary shares commencing today (the “Hong Kong Public Offering”) and an international offering of initially 4,980,000 Class A ordinary shares commencing today (the “International Offering”), and listing of the Company's Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) under the stock code “3660.”

360 DigiTech Launches Global Offering

360 DigiTech, Inc. (NASDAQ:QFIN ) Q3 2022 Earnings Conference Call November 14, 2022 8:00 AM ET Company Participants Mandy Dong - Investor Relations Director Wu Haisheng - Chief Executive Officer and Director Alex Xu - Chief Financial Officer and Director Conference Call Participants Hans Fan - CLSA Thomas Chong - Jefferies Operator Ladies and gentlemen, thank you for standing by, and welcome to the 360 DigiTech Third Quarter 2022 Earnings Conference Call. Please also note today's event is being recorded.

360 DigiTech, Inc. (QFIN) Q3 2022 Earnings Call Transcript

SHANGHAI, China, Nov. 13, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2022, declared quarterly dividend and announced director change.

360 DigiTech Announces Third Quarter 2022 Unaudited Financial Results, Declares Quarterly Dividend and Announces Director Change

SHANGHAI, China, Nov. 08, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) ("360 DigiTech" or the "Company"), a leading financial technology platform in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2022, before U.S. markets open on Monday, November 14, 2022.

360 DigiTech to Announce Third Quarter 2022 Unaudited Financial Results on November 14, 2022

360 DigiTech, Inc. Sponsored ADR (QFIN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

360 DigiTech, Inc. Sponsored ADR (QFIN) Soars 7.1%: Is Further Upside Left in the Stock?

The prolonged regulatory overhang on Chinese online lender is likely approaching the last inning. Improving credit quality and lower funding cost will mitigate impact on lower APR.

360 DigiTech: Favorable Risk Reward At Current Price

360 DigiTech, Inc. (NASDAQ:QFIN ) Q2 2022 Earnings Conference Call August 16, 2022 8:30 PM ET Company Participants Mandy Dong - IR Director Wu Haisheng - CEO Alex Xu - CFO Zheng Yan - Chief Risk Officer Conference Call Participants Yao Lee - CICC Thomas Chong - Jefferies Alex Ye - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to the 360 DigiTech Second Quarter 2022 Earning Conference Call. Please also note today's event is being recorded.

360 DigiTech, Inc. (QFIN) CEO Wu Haisheng on Q2 2022 Results - Earnings Call Transcript

SHANGHAI, Aug. 18, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2022.

360 DigiTech Announces Second Quarter 2022 Unaudited Financial Results and Declares Quarterly Dividend

SHANGHAI, China, Aug. 08, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) ("360 DigiTech" or the "Company"), a leading financial technology platform in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2022, after U.S. markets close on Thursday, August 18, 2022.

360 DigiTech to Announce Second Quarter 2022 Unaudited Financial Results on August 18, 2022

360 DigiTech, Inc. is a credit-tech platform that financial institutions use to provide better and targeted products and services to a broader consumer base. Management believes that QFIN could deliver double-digit origination volume amidst the current macro environment.

360 DigiTech: Undervalued Artificial Technology Stock With Certain Risks

360 DigiTech, Inc. (NASDAQ:QFIN ) Q1 2022 Earnings Conference Call May 24, 2022 8:30 PM ET Corporate Participants Mandy Dong - Investor Relations Director Wu Haisheng - Chief Executive Officer Alex Xu - Chief Financial Officer Zheng Yan - Chief Risk Officer Conference Call Participants Yao Lee - CICC Thomas Chong - Jefferies Alex Ye - UBS Ethan Wang - CLSA Operator Ladies and gentlemen, thank you for standing by, and welcome to the 360 DigiTech First Quarter 2022 Earning Conference Call. Please also note today's event is being recorded.

360 DigiTech, Inc. (QFIN) CEO Wu Haisheng on Q1 2022 Results - Earnings Call Transcript

SHANGHAI, May 24, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.

360 DigiTech Announces First Quarter 2022 Unaudited Financial Results and Declares Quarterly Dividend

360 DigiTech's (QFIN) first-quarter 2022 revenues are expected to have increased year over year.

360 DigiTech (QFIN) to Report Q1 Earnings: What to Expect?

SHANGHAI, China, May 13, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) ("360 DigiTech" or the "Company"), a leading financial technology platform in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2022, after U.S. markets close on Tuesday, May 24, 2022.

360 DigiTech to Announce First Quarter 2022 Unaudited Financial Results on May 24, 2022

SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading financial technology platform in China, today provided an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA"). The Company was provisionally named by the United States Securities and Exchange Commission (the "SEC") as a Commission-Identified Issuer, among other around 80 U.S. listed companies with business operations in China, on May 4, 2022 U.S. Eastern Time, following the Company's filing of the annual report on Form 20-F for the fiscal year ended December 31, 2021 with the SEC on April 28, 2022.

360 DigiTech Provides Update on the Status Under Holding Foreign Companies Accountable Act

SHANGHAI, China, April 28, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) ("360 DigiTech" or the "Company"), a leading financial technology platform in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission on April 28, 2022. The annual report can be accessed on the Company's investor relations website at  ir.360shuke.com  as well as the SEC's website at www.sec.gov . The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

360 DigiTech Filed 2021 Annual Report on Form 20-F

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Despite the difficult times recently, tech stocks in China are finally on their way to recovery due to reports of easing regulations. The post 7 China Tech Stocks to Buy on Any Dip appeared first on InvestorPlace.

7 China Tech Stocks to Buy on Any Dip

Solid growth, a 30% profit margin, a 9.5% dividend yield, an iron-clad balance shield, and a P/E of just over 2x, nothing of this seems to matter.

360 DigiTech, An Even Cheaper Chinese Tech Stock Than Alibaba

360 DigiTech, Inc. (QFIN) CEO Haisheng Wu on Q4 2021 Results - Earnings Call Transcript

SHANGHAI, China, March 10, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading financial technology platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.

360 DigiTech Announces Fourth Quarter 2021 and Full Year 2021 Unaudited Financial Results and Declares Quarterly Dividend

In the latest trading session, 360 DigiTech, Inc. Sponsored ADR (QFIN) closed at $19.20, marking a +0.05% move from the previous day.

360 DigiTech, Inc. Sponsored ADR (QFIN) Gains But Lags Market: What You Should Know

SHANGHAI, China, Feb. 25, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) ("360 DigiTech" or the "Company"), a leading financial technology platform in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2021, after U.S. markets close on Thursday, March 10, 2022.

News for 360 Finance Inc - ADR Stock (QFIN)