QFIN250117P35000
- 0.37
- 0.000.00%
Qifu Technology Newsroom
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.
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Market Might Still Lack Some Conviction On Qifu Technology, Inc. (NASDAQ:QFIN) Even After 29% Share Price Boost
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
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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%.
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