FinVolution - Bamboo Works - China stock insights for global investors

NEWS WRAP: FinVolution posts modest revenue gains as international growth slows

Fri, 17 May 2024 06:41:26 +0000

The online loan facilitator said its international loan transaction volume grew 41% in the first quarter, slowing from 85% in the previous quarter By Doug Young Online loan facilitator FinVolution Group (FINV.US) on Wednesday reported that growth of its international business slowed in the first quarter, reflecting difficulties it will face in boosting that.....

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PODCAST: Relaxing Data Requirements, and a Big Dividend

Tue, 02 Apr 2024 09:28:46 +0000

China exempts most foreign firms from worrisome data requirements. But will it change its mind later? And a leading fintech lender offers a massive dividend. But shareholders worry more about its rapidly shrinking size.

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Investors unimpressed by massive dividend from shrinking Lufax

Mon, 25 Mar 2024 03:58:12 +0000

The online lender’s American depositary shares rose by just $1.11 in the two days after it announced a special dividend of $2.42 per ADS Key Takeaways: By Doug Young Online lender Lufax Holding Ltd. (LU.US; 6623.HK) just keeps getting smaller. First, the company underwent a radical transformation that saw its lending portfolio shrink by.....

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NEWS WRAP: FinVolution’s international adventure bears fruit

Wed, 20 Mar 2024 09:43:18 +0000

The online lender’s international business grew far faster than its home market last year, accounting for nearly a fifth of its revenue By Teri Yu Shanghai-based fintech FinVolution Group (FINV.US) announced on Monday that its international operations grew far faster than its older, home-based loan facilitation business, providing a key new growth engine to counter a slowdown.....

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Forget about growth. Qifu shows it’s all about giving back to shareholders

Wed, 20 Mar 2024 04:12:58 +0000

In reporting its earnings for the fourth quarter of 2023, the online loan facilitator unveiled a plan to sharply ramp up its share buyback program Key Takeaways: By Warren Yang Qifu Technology Inc. (QFIN.US; 3660.HK) is checking all the right boxes to entice investors. For starters, the online loan facilitator delivered solid profit growth.....

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Lufax takes on more risk, makes Hong Kong acquisition, as its lending shrivels

Tue, 14 Nov 2023 04:07:34 +0000

The online loan facilitator’s revenue plunged 39% in the third quarter, as its loan delinquency rates rose sharply from a year earlier Key Takeaways: By Doug Young Lufax Holding Ltd. (LU.US; 6623.HK) maintained its status as one of several fast-shrinking companies in China’s turbulent online lending realm, posting continued big contraction for all of.....

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Linklogis deconstructed by China’s slumping property market

Wed, 25 Oct 2023 05:55:12 +0000

Supply chain financing assets processed over the company’s key platforms fell in the nine months to September as real estate companies’ troubles deepened Key Takeaways: By Warren Yang What a difference a year makes for Linklogis Inc. (9959.HK). Just a year ago, the provider of cloud-based software-as-a-service (SaaS) platforms for supply chain financing seemed.....

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Online lenders cool as China’s economic rebound wobbles

Wed, 13 Sep 2023 03:49:10 +0000

Lufax, Qifu and FinVolution face difficulties growing while also managing risk in a slowing economy, their latest quarterly results show Key Takeaways: By Warren Yang Winter is fast approaching for China’s top online lenders as momentum for the country’s long-awaited economic recovery fizzles. That early freeze sent a chill through the latest quarterly results.....

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Qudian unveils last-mile delivery transformation plan

Fri, 08 Sep 2023 07:15:27 +0000

The former Chinese online consumer lender revealed it began trialing a new last-mile delivery service in Australia and New Zealand at the end of last year Key Takeaways: By Doug Young And the answer is … last-mile delivery service. That’s the response to a question that’s been on investors’ minds since the start of.....

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FinVolution’s low-key overseas expansion pays dividends

Wed, 24 May 2023 03:32:33 +0000

The fintech lender’s overseas revenue surged in the first quarter, outshining mediocre results for its core China-based business Key Takeaways: By Warren Yang When FinVolution Group (FINV.US) started looking to expand overseas nearly five years ago, it meant business. That strategic shift is paying off quite nicely now as life at home isn’t getting.....

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360 DigiTech’s mediocre dividends, unexciting growth leave investors uninspired

Thu, 16 Mar 2023 03:51:19 +0000

The online loan facilitator is struggling to maintain steady dividends as its net profit declines on faltering revenue growth Key Takeaways: By Warren Yang One way a company can attract investors is to pay nice dividends. Another is to offer a compelling growth story. The conundrum for 360 DigiTech Inc. (QFIN.US; 3660.HK) is that.....

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Stuck in Covid-Induced Hardship, Lufax Loan Portfolio Shrinks for First Time

Wed, 30 Nov 2022 01:38:53 +0000

The online loan facilitator is bearing more credit risk as its use of third parties to insure and guarantee the loans it brokers becomes costlier Key Takeaways: Lufax’s revenue and profit fell 17% and 67% in the third quarter, respectively, as it became more selective with borrowers to minimize potential loan losses The company’s total.....

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