Qifu Technology Responds to Short Seller Report
Qifu Technology, Inc - American Depositary Shares (QFIN)
Company Research
Source: GlobeNewswire
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 data (i.e. the combined revenues and net profits) from the filings with the State Administration for Market Regulation (“SAMR”), formerly known as the State Administration for Industry and Commerce (“SAIC”) submitted by the operating entities of the Company. In fact, as the Company’s SAMR filing rec
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QFIN
News
- Qifu Technology, Inc. (NASDAQ: QFIN) had its price target raised by analysts at Citigroup Inc. from $31.44 to $37.50. They now have a "buy" rating on the stock.MarketBeat
- Qifu Technology Announces Third Quarter 2024 Unaudited Financial Results and Launches A New US$450 Million Share Repurchase Plan for 2025GlobeNewswire
- Qifu Technology to Announce Third Quarter 2024 Unaudited Financial Results on November 19, 2024GlobeNewswire
QFIN
Earnings
- 11/19/24 - Beat
QFIN
Sec Filings
- 11/19/24 - Form 6-K
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- QFIN's page on the SEC website