🇨🇳#fintech #china #watchlist
Chinese fintech companies (#QFIN #LU #LX) are looking for sustainable business models
Chinese fintech companies (#QFIN #LU #LX) are looking for sustainable business models
⚠️🇨🇳#stocks #china #short #banks #QFIN #watchlist
Investors are actively dumping China's financial sector stocks on fears of deteriorating quality of mortgage
#realestate #developers
Investors are actively dumping China's financial sector stocks on fears of deteriorating quality of mortgage
#realestate #developers
🇨🇳#china #economy #support
BBG: Chinese banks will likely trim their benchmark loan prime rates Monday for the first time in months to help spur borrowing demand and reverse a sharp slump in consumer and business sentiment.
#rates the one-year loan prime rate -- the de facto benchmark lending rate for banks -- is expected to be cut by 10 basis points to 3.6%, according to all 20 economists polled by Bloomberg. That would be the first reduction in that rate since January.
#QFIN
BBG: Chinese banks will likely trim their benchmark loan prime rates Monday for the first time in months to help spur borrowing demand and reverse a sharp slump in consumer and business sentiment.
#rates the one-year loan prime rate -- the de facto benchmark lending rate for banks -- is expected to be cut by 10 basis points to 3.6%, according to all 20 economists polled by Bloomberg. That would be the first reduction in that rate since January.
#QFIN
⚡️🇨🇳#QFIN #report
360 DigiTech
- Q2 Non-GAAP EPADS of $0.96
- Revenue of $624.5M (+0.8% Y/Y)
- Non-GAAP net income margin was 24.4%.
The company would like to maintain its outlook for loan facilitation and origination volume for 2022 at between RMB410 billion and RMB450 billion, representing Y/Y growth of 15% to 26%.
360 DigiTech
- Q2 Non-GAAP EPADS of $0.96
- Revenue of $624.5M (+0.8% Y/Y)
- Non-GAAP net income margin was 24.4%.
The company would like to maintain its outlook for loan facilitation and origination volume for 2022 at between RMB410 billion and RMB450 billion, representing Y/Y growth of 15% to 26%.
🇨🇳#QFIN #report #watchlist
360 DigiTech
- Q3 Non-GAAP EPADS of $0.91
- Revenue of $582.6M (-18.6% Y/Y)
- Net income margin was 23.8%
- Y/Y growth = 6%-16% in 4Q 2022
company declares $0.16/ADS quarterly dividend #dividends
360 DigiTech
- Q3 Non-GAAP EPADS of $0.91
- Revenue of $582.6M (-18.6% Y/Y)
- Net income margin was 23.8%
- Y/Y growth = 6%-16% in 4Q 2022
company declares $0.16/ADS quarterly dividend #dividends
💥🇨🇳#china #debt #liquidity #impulse
Economic Information Daily: the volume of new credits in China is likely to rise in 2023, while interest rates on long-term loans may fall further - details
❗️#QFIN #LX #FINV #watchlist
——————————
early: China credit impulse continues to grow
Economic Information Daily: the volume of new credits in China is likely to rise in 2023, while interest rates on long-term loans may fall further - details
❗️#QFIN #LX #FINV #watchlist
——————————
early: China credit impulse continues to grow
🇨🇳#QFIN #earnings #watchlist
Qifu Technology:
- Q2 Non-GAAP EPADS of $0.96
- Revenue of $539.8M (-6.43% Y/Y)
- 90 day+ delinquency rate = 1.84%
- Price/Earnings ratio (3Y): 4 (good)
- Price-to-book value (2Q23): 0.9 (good)
- Equity Ratio (2Q23): 0.9 (good)
- Margin of Safety: 4 (good)
Outlook: "The Company would like to adjust its outlook of loan volume for 2023 = RMB470B - RMB485B, year-on-year growth of 14% - 18%
#dividends Qifu Technology declares $0.50 dividend
Qifu Technology:
- Q2 Non-GAAP EPADS of $0.96
- Revenue of $539.8M (-6.43% Y/Y)
- 90 day+ delinquency rate = 1.84%
- Price/Earnings ratio (3Y): 4 (good)
- Price-to-book value (2Q23): 0.9 (good)
- Equity Ratio (2Q23): 0.9 (good)
- Margin of Safety: 4 (good)
Outlook: "The Company would like to adjust its outlook of loan volume for 2023 = RMB470B - RMB485B, year-on-year growth of 14% - 18%
#dividends Qifu Technology declares $0.50 dividend
🇨🇳#QFIN #earningsseason
Qifu Technology: quarterly financial results ($ B)
- Price/Earnings ratio (4Y): 4.2
- Price-to-book value: 0.9
- Equity Ratio: 0.9
#watchlist
Qifu Technology: quarterly financial results ($ B)
- Price/Earnings ratio (4Y): 4.2
- Price-to-book value: 0.9
- Equity Ratio: 0.9
#watchlist
🌎#stocks #watchlist #world
here are some stocks to consider for your portfolio:
- Raiffeisen Bank (#RBI)
- Orion Office REIT (#ONL)
- Qifu Technology (#QFIN)
- Bread Financial (#BHF)
- LexinFintech (#LX)
not an investment advice. If you want to view my portfolio, check here, but access comes with a fee.
here are some stocks to consider for your portfolio:
- Raiffeisen Bank (#RBI)
- Orion Office REIT (#ONL)
- Qifu Technology (#QFIN)
- Bread Financial (#BHF)
- LexinFintech (#LX)
not an investment advice. If you want to view my portfolio, check here, but access comes with a fee.
🇨🇳#china #stocks #history
price-to-book ratio of the Hong Kong Hang Seng Index has reached extremely low levels = historically, after such instances, the Hong Kong market has experienced a subsequent rise of 40-80% over the next 2 years.
———————
here's what's on my list of Chinese equities to watch (not an investment advice):
- FinVolution (#FINV)
- Hello Group (#MOMO)
- Naspers (#NPSN)
- Prosus (#PRX)
- Phoenix New Media (#FENG)
- Cango (#CANG)
- LexinFintech (#LX)
- Qifu Technology (#QFIN)
- Tencent (#TCEHY)
- WH Group (#288HK)
price-to-book ratio of the Hong Kong Hang Seng Index has reached extremely low levels = historically, after such instances, the Hong Kong market has experienced a subsequent rise of 40-80% over the next 2 years.
———————
here's what's on my list of Chinese equities to watch (not an investment advice):
- FinVolution (#FINV)
- Hello Group (#MOMO)
- Naspers (#NPSN)
- Prosus (#PRX)
- Phoenix New Media (#FENG)
- Cango (#CANG)
- LexinFintech (#LX)
- Qifu Technology (#QFIN)
- Tencent (#TCEHY)
- WH Group (#288HK)
💎 Performance of the Scorpi18 portfolio:
🇺🇸Gamestop #GME
+565% Days: 1063
🇺🇸Macerich #MAC
+256% Days: 315
🇪🇺Bank of Cyprus #BOCH
+91% Days: 1101
🇨🇳360 DigiTech #QFIN
+66% Days: 1163
🇭🇰OrientalWatch #00399
+63% Days: 219
🇺🇸Silvergate (Pref) #SICPL
+18% Days: 171
🇺🇸CBL #CBL
+9% Days: 164
🇨🇳Daqo New Energy #DQ
-5% Days: 352
🇺🇸Silvergate #SI
-28% Days: 377
👇 View the current portfolio 👇
https://t.me/tribute/app?startapp=s5AY
🇺🇸Gamestop #GME
+565% Days: 1063
🇺🇸Macerich #MAC
+256% Days: 315
🇪🇺Bank of Cyprus #BOCH
+91% Days: 1101
🇨🇳360 DigiTech #QFIN
+66% Days: 1163
🇭🇰OrientalWatch #00399
+63% Days: 219
🇺🇸Silvergate (Pref) #SICPL
+18% Days: 171
🇺🇸CBL #CBL
+9% Days: 164
🇨🇳Daqo New Energy #DQ
-5% Days: 352
🇺🇸Silvergate #SI
-28% Days: 377
👇 View the current portfolio 👇
https://t.me/tribute/app?startapp=s5AY