Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 -0.00266666666666661 -0.012
Stock impact report

Loan Matcher Jiayin in Talks With One of China's Big Four Banks [BNN Bloomberg (Canada)]

Jiayin Group Inc. - American Depositary Shares (JFIN) 
Last jiayin group inc. - american depositary shares earnings: 4/1 06:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
The potential tie-up is part of the Nasdaq-listed firm's efforts to partner up with bigger lenders and phase out ones that could potentially pose risk over the next two years, Fan said in an interview from Jiayin's headquarters in Shanghai. Jiayin currently facilitates consumer loans with more than 70 financial institutions, including joint-stock banks, online lenders and private banks. It assesses the credit of available borrowers and then takes a fee on the loans made by the banks. So far, it hasn't worked with the four largest lenders such as Bank of China Ltd. or Industrial & Commercial Bank of China Ltd. Banks are expected to gradually boost the share of consumer loans in their books over the next three to five years as they pare back real estate lending, Fan said. The amount of consumer loans indicated by lenders in talks this year have outstripped Jiayin's target for the year by two to three times, Fan said, declining to give a specific figure. “Banks are pretty open-min Show less Read more
Impact Snapshot
Event Time:
JFIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JFIN alerts
Opt-in for
JFIN alerts

from News Quantified
Opt-in for
JFIN alerts

from News Quantified