360 DigiTech, Inc., through its subsidiaries, operates a digital consumer finance platform under the 360 Jietiao brand in the People's Republic of China. Its platform provides online consumer finance products to the borrowers funded by institutional funding partners. The company also provides incremental credit assessment, collection, and other services, as well as guarantee for defaulted loans. The company was formerly known as 360 Finance, Inc. and changed its name to 360 DigiTech, Inc. in September 2020. 360 DigiTech, Inc. was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.
IPO Year: 2018
Exchange: NASDAQ
Website: 360shuke.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2023 | Buy | Nomura | |
| 7/6/2023 | $24.50 | Buy | BofA Securities |
| 9/29/2022 | $20.80 | Buy | China Renaissance |
SHANGHAI, China, Jan. 20, 2023 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ:QFIN) ("360 DigiTech" or the "Company"), a leading Credit-Tech platform in China, today announced Mr. Yongjin Fu has tendered his resignation as a director of the Company for personal reasons, effective as of January 20, 2023. The board of directors of the Company (the "Board") has approved the appointment of Mr. Fan Zhao as an independent director of the Company, effective immediately. Mr. Fan Zhao will also serve on the audit committee of the Board as its member. In addition, the Board has approved the appointment of Mr. Gang Xiao as the chairperson of the audit committee of the Board, effective immediately. M
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SHANGHAI, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660)) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024 and launched a new US$450 million share repurchase plan for 2025. Third Quarter 2024 Business Highlights As of September 30, 2024, our platform has connected 162 financial institutional partners and 254.3 million consumers*1 with potential credit needs, cumulatively, an increase of 11.6% from 227.9 million a year ago.Cumulative users with approved credit lines*2 were 55.2 million as of September 30, 2024, an increa
SHANGHAI, China, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660)) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, after U.S. markets close on Tuesday, November 19, 2024. Qifu Technology's management team will host an earnings conference call at 7:30 PM U.S. Eastern Time on Tuesday, November 19, 2024 (8:30 AM Beijing Time on Wednesday, November 20, 2024). Conference Call Preregistration All participants wishing to join the conference call must pre-register online using the link provided below.
SHANGHAI, China, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today issues the following preliminary responses to the key claims made in a report (the "Report") by Grizzly Research, a short seller, on September 26, 2024. The Company believes that the Report is without merit and contains inaccurate information, flawed analyses, misleading conclusions and interpretations regarding information relating to the Company. Specifically: The SAMR (SAIC) Financial Data Used in the Report is Completely Wrong. The Report makes material mistakes in referring to incorrect financial
SHANGHAI, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2024, announced board change and raised semi-annual dividend. Second Quarter 2024 Business Highlights As of June 30, 2024, our platform has connected 160 financial institutional partners and 247.6 million consumers*1 with potential credit needs, cumulatively, an increase of 12.2% from 220.6 million a year ago.Cumulative users with approved credit lines*2 were 53.6 million as of June 30, 2024, an increase of 13.
SHANGHAI, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, after U.S. markets close on Tuesday, August 13, 2024. Qifu Technology's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Tuesday, August 13, 2024 (8:30 AM Beijing Time on Wednesday, August 14, 2024). Conference Call Preregistration All participants wishing to join the conference call must pre-register online using the link provided below. Registration Li
SHANGHAI, China, May 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Business Highlights As of March 31, 2024, our platform has connected 159 financial institutional partners and 241.4 million consumers*1 with potential credit needs, cumulatively, an increase of 12.5% from 214.5 million a year ago.Cumulative users with approved credit lines*2 were 52.3 million as of March 31, 2024, an increase of 13.8% from 46.0 million as of March 31, 2023.Cumulative borrowers with succ
SHANGHAI, China, May 07, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Monday, May 20, 2024. Qifu Technology's management team will host an earnings conference call at 7:30 AM U.S. Eastern Time on Monday, May 20, 2024 (7:30 PM Beijing Time on Monday, May 20, 2024). Conference Call Preregistration All participants wishing to join the conference call must pre-register online using the link provided below. Registration Link: https://regi
Full Year 2023 Total Facilitation and Origination Loan Volume*1 of RMB475.8 BillionFull Year 2023 Net Income of RMB4.3 Billion and Non-GAAP*2 Net Income of RMB4.5 BillionEstimated US$170 Million Cash Dividends for Full Year 2023*3 and Approximately US$132 Million Aggregate Value of ADSs Repurchased*4 Since the Launch of the Share Repurchase Plan in June 2023Announce A New US$350 Million Share Repurchase Plan and Reaffirm Existing Semi-Annual Dividend Policy SHANGHAI, China, March 12, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for th
SHANGHAI, China, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, after U.S. markets close on Tuesday, March 12, 2024. Qifu Technology's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Tuesday, March 12, 2024 (8:30 AM Beijing Time on Wednesday, March 13, 2024). Conference Call Preregistration All participants wishing to join the conference call must pre-register online using the link provided below. Registrat
SHANGHAI, China, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Business Highlights As of September 30, 2023, our platform has connected 155 financial institutional partners and 227.9 million consumers*1 with potential credit needs, cumulatively, an increase of 12.0% from 203.5 million a year ago.Cumulative users with approved credit lines*2 were 49.2 million as of September 30, 2023, an increase of 14.4% from 43.0 million as of September 30, 2022.Cumulative bo
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Nomura initiated coverage of 360 DigiTech with a rating of Buy
BofA Securities initiated coverage of 360 DigiTech with a rating of Buy and set a new price target of $24.50
China Renaissance resumed coverage of 360 DigiTech with a rating of Buy and set a new price target of $20.80
SHANGHAI, China, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660)) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today provided updates on its share repurchase plans. On March 12, 2024, the Company's board of directors (the "Board") approved a share repurchase plan (the "2024 Share Repurchase Plan"), whereby the Company is authorized to repurchase its American depositary shares ("ADSs") or Class A ordinary shares with an aggregate value of up to US$350 million during the 12-month period from April 1, 2024. As of December 30, 2024, the Company had utilized substantially all of the total authorized value for the 2024 Share Re
SHANGHAI, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660)) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024 and launched a new US$450 million share repurchase plan for 2025. Third Quarter 2024 Business Highlights As of September 30, 2024, our platform has connected 162 financial institutional partners and 254.3 million consumers*1 with potential credit needs, cumulatively, an increase of 11.6% from 227.9 million a year ago.Cumulative users with approved credit lines*2 were 55.2 million as of September 30, 2024, an increa
SHANGHAI, China, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660)) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, after U.S. markets close on Tuesday, November 19, 2024. Qifu Technology's management team will host an earnings conference call at 7:30 PM U.S. Eastern Time on Tuesday, November 19, 2024 (8:30 AM Beijing Time on Wednesday, November 20, 2024). Conference Call Preregistration All participants wishing to join the conference call must pre-register online using the link provided below.
SHANGHAI, China, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today issues the following preliminary responses to the key claims made in a report (the "Report") by Grizzly Research, a short seller, on September 26, 2024. The Company believes that the Report is without merit and contains inaccurate information, flawed analyses, misleading conclusions and interpretations regarding information relating to the Company. Specifically: The SAMR (SAIC) Financial Data Used in the Report is Completely Wrong. The Report makes material mistakes in referring to incorrect financial
SHANGHAI, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2024, announced board change and raised semi-annual dividend. Second Quarter 2024 Business Highlights As of June 30, 2024, our platform has connected 160 financial institutional partners and 247.6 million consumers*1 with potential credit needs, cumulatively, an increase of 12.2% from 220.6 million a year ago.Cumulative users with approved credit lines*2 were 53.6 million as of June 30, 2024, an increase of 13.
SHANGHAI, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, after U.S. markets close on Tuesday, August 13, 2024. Qifu Technology's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Tuesday, August 13, 2024 (8:30 AM Beijing Time on Wednesday, August 14, 2024). Conference Call Preregistration All participants wishing to join the conference call must pre-register online using the link provided below. Registration Li
SHANGHAI, June 27, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that the following proposed resolution submitted for shareholder approval has been duly adopted at its annual general meeting of shareholders held today: as an ordinary resolution, THAT, Deloitte Touche Tohmatsu Certified Public Accountants LLP shall be re-appointed as the auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board to fix their remuneration for the year ending December 31, 2024. About Qifu Technology Qifu Tech
SHANGHAI, China, May 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Business Highlights As of March 31, 2024, our platform has connected 159 financial institutional partners and 241.4 million consumers*1 with potential credit needs, cumulatively, an increase of 12.5% from 214.5 million a year ago.Cumulative users with approved credit lines*2 were 52.3 million as of March 31, 2024, an increase of 13.8% from 46.0 million as of March 31, 2023.Cumulative borrowers with succ
SHANGHAI, China, May 08, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will hold an annual general meeting of shareholders (the "AGM") at 9:30 a.m. on June 27, 2024 (Beijing time) at the address of 13/F Lujiazui Finance Plaza, No. 1217 Dongfang Road, Pudong New Area, Shanghai 200122, People's Republic of China for the purpose of considering and, if thought fit, re-appointing Deloitte Touche Tohmatsu Certified Public Accountants LLP as the auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authori
SHANGHAI, China, May 07, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ:QFIN, HKEx: 3660))) ("Qifu Technology" or the "Company"), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Monday, May 20, 2024. Qifu Technology's management team will host an earnings conference call at 7:30 AM U.S. Eastern Time on Monday, May 20, 2024 (7:30 PM Beijing Time on Monday, May 20, 2024). Conference Call Preregistration All participants wishing to join the conference call must pre-register online using the link provided below. Registration Link: https://regi