$FinVolution (FINV.US)$FinVolution Showcases Innovative Credit Solutions and Highlights a Collaborative Fintech Future at AFF 2025 2 MINUTES AGO, 8:23 AM EST VIA PR NEWSWIRE
$FinVolution (FINV.US)$Stock is good but expensive in current situation. I am expecting at least 30% more correction from this level. My entry point will be around $2.3 to 2.5
Pre-Market Stock Movers Gapping up $Alphabet-A (GOOGL.US)$+6.45% (The Google parent popped more than 6% after topping Wall Street's second-quarter earnings expectations, fueled by growth in its cloud-computing segment. The company also announced that its chief financial officer, Ruth Porat, would step into a new role as president and chief investment officer.) $PacWest Bancorp (PACW.US)$+29.00% (Shares of the regiona...
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I don't think the Activision/blizzard acquisition is totally priced into Microsoft yet. That alone should offset their concerns of slower cloud growth (which I also don't think will materialize next quarter anyway!). Q3 and Q4 for MSFT ought to be great. Mark my words.
103879451
intuitive Kraken_376
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It also depends on whether the company's fundamentals are likely to rise; once you've made a good choice, you can buy it
paladinsir
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WSJ can be biased at times.https://tradingeconomics.com/china/loans-to-private-sector See for yourself. If no lockdowns, the loan sum to private sector is average. In fact, if western nations going to charge 4% interest, it may be worth it to loan from China and transfer overseas to fund operations
Jeff Boyd
OP
paladinsir
:
Believe an RMB loan from a PRC firm/person to a US person would violate capital controls but with the proper approvals there would be a good arguments to do so. Big exchange risks but one could probably hedge it away; would be interesting to see the cost of doing so.
paladinsir
:
HK interest rate same as US interest rate because the HKD is pegged to USD, so can borrow from Chinese Banks through Lufax and deposit in HK bank
Jeff Boyd
OP
paladinsir
:
HK doesn't have much of anything to do with these companies. They are doing business in RMB. The decline in RMB relative to the USD translates directly into lower value for shareholders but the big risks are (1) PRC (excluding HK) has a bunch of loan defaults, (2) PRC changes policies applicable to loan facilitators, (3) businesses/individuals stop borrowing or (4) the banks stop buying the loans. There are other risks too such as a potential US or HK shareholder can now put their money in a bank and get 3-4% where a year ago they got practically nothing so they are less likely to buy shares in anything.
FinVolution Stock Forum
2 MINUTES AGO, 8:23 AM EST
VIA PR NEWSWIRE
Gapping up
$Alphabet-A (GOOGL.US)$ +6.45%
(The Google parent popped more than 6% after topping Wall Street's second-quarter earnings expectations, fueled by growth in its cloud-computing segment. The company also announced that its chief financial officer, Ruth Porat, would step into a new role as president and chief investment officer.)
$PacWest Bancorp (PACW.US)$ +29.00%
(Shares of the regiona...
$GDS Holdings (GDS.US)$ 0.92
$Hollysys Automation Technologies (HOLI.US)$ 0.95
$Qifu Technology (QFIN.US)$ 0.96
$Daqo New Energy (DQ.US)$ 1.00
$TAL Education (TAL.US)$ 1.00
$Autohome (ATHM.US)$ 1.11
$JinkoSolar (JKS.US)$ 1.16
$Weibo (WB.US)$ 1.17
$Baidu (BIDU.US)$ 1.22
$Trip.com (TCOM.US)$ 1.25
$RLX Technology (RLX.US)$ 1.31
$New Oriental (EDU.US)$ 1.32
$Vipshop (VIPS.US)$ 1.46
https://www.wsj.com/articles/chinas-internet-lenders-feel-pain-of-economic-slowdown-11663925403?mod=lead_feature_below_a_pos1
Doesn't really say anything that anyone following these companies doesn't already know.
China’s internet-lending companies face rising credit costs and a tougher environment for new loans due to the country’s slowing economy.
Shares of U.S.-listed Ltd., Inc....
In reaction to earnings/guidance:
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• $Jounce Therapeutics (JNCE.US)$ : Raymond James Upgrades to Strong Buy from Outperform - PT $20 (from $15)
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