China Central Economic Work Conference: A Key Indicator for Future Market Trends
Zacks.com Featured Highlights Include The Gap, LATAM Airlines, Qifu Technology and Urban Outfitters
How To Beat The Market When One Of Your Top Stocks Drops 44%
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Express News | China Signals Major Policy Shift: Hang Seng and Chinese Stocks Rally on Easing Measures
Here's Why Qifu Technology, Inc. (QFIN) Is a Great Momentum Stock to Buy
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Monday Trading
Citi raised qifu technology-S (03660.HK) target price to $44.
In the latest research report, CLSA announced the target price of qifu technology has been raised from $29.90 to $44, and reiterated the 'Outperform' rating, surpassing the large cap. This adjustment reflects CLSA's confidence in qifu technology's strong third-quarter performance and positive shareholder return policy. Qifu Technology's performance in the third quarter of 2024 exceeded market expectations, with a significant increase in net income, a sharp rise in take rate, and continued improvement in risk indicators. Analysts predict that qifu technology's net income for 2024 and 2025 will increase by 9.9% and 5% respectively.
Analysts expect that qifu technology (QFIN.US) will continue to achieve growth above that of its peers.
Citigroup maintains a buy rating on qifu technology and significantly raises the target price.
Qifu Technology Stock Skyrockets 94% in 6 Months: Play It or Let Go?
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Qifu Technology Is Maintained at Buy by Citigroup
Qifu Technology Analyst Ratings
Qifu Technology Third Quarter 2024 Earnings: EPS: CN¥12.41 (Vs CN¥7.12 in 3Q 2023)
BofA Securities Maintains Qifu Technology(QFIN.US) With Buy Rating, Raises Target Price to $44.15
Qifu Technology's Strong Financial Performance and Strategic Initiatives Justify Buy Rating With USD44.15 Price Target
Qifu Technology's 'Safety Cushion': Repurchasing dividends to solidify certainty, highlighting the advantages of large models and showcasing growth potential.
Utilizing new AI technologies such as large models not only brings new incremental opportunities for qifu technology's business, but also further drives the company's cost reduction and efficiency improvement, widening profit margins. In the medium to long term, the company is also expected to explore more business opportunities in technology export and industry empowerment, breaking through the growth ceiling.
Top Gap Ups and Downs on Wednesday: WSM, TGT, ROKU and More