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4 Top-Ranked Stocks With Solid Net Profit Margins to Buy Now
[Brokerage Focus] BOCOM INTL maintains a leading rating in the CNI Xiangmi Lake Fintech Index, indicating that top Crediting technology platforms have compliance advantages.
Jinwu Financial News | BOCOM INTL stated that on January 17, 2025, the National Financial Supervisory Administration published the "Interim Measures for the Supervision and Administration of Microfinance Companies." Compared to the draft for public consultation released in August 2024, the "Measures" added the allowance for the operation of business bill acceptance; it set the transition period to no more than two years, while the draft for public consultation was one year. The bank believes that the "Measures" are beneficial for promoting the Microfinance Industry to return to its business origin, providing small, dispersed loan services to small and micro enterprises, individual business owners, farmers, and individual Consumers; facilitating standardized operation of the industry to achieve sustainable healthy development; and promoting industry excellence.
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Qifu Technology-S (03660.HK) announced the completion of the share repurchase plan for 2024 and the initiation of a new plan for 2025.
Gelonghui, on December 31, announced that Qifu Technology-S (03660.HK) has released a notice stating that on March 12, 2024, the Board of Directors approved a share repurchase plan ("2024 Share Repurchase Plan"), under which the company is authorized to repurchase American depositary shares or Class A common shares worth up to 0.35 billion USD within 12 months starting from April 1, 2024. As of December 30, 2024, the company has nearly exhausted the total authorized value of the 2024 Share Repurchase Plan. Specifically, the company has purchased a total of 15.1106 million American depositary shares on the open market.
Qifu Technology Board Approves New Stock Repurchase Program