360 Finance Announces Completion of Issuance of RMB500 Million Asset-Backed Securities
Qifu Technology, Inc - American Depositary Shares (QFIN)
Company Research
Source: GlobeNewswire
SHANGHAI, China, Feb. 28, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that it has completed the issuance of RMB500 million asset-backed securities (“ABS”), which will be listed and begin trading on the Shenzhen Stock Exchange on February 28, 2020. The new security will be a two-year consumer loan-related ABS and is issued under the name Tianqi-360 Finance Phase III Trust Benefit Right Asset Support Special Plan. This is the first ABS that will be issued by a Fintech company in China following the Chinese New Year festival this year. The underlying assets of the ABS are loans extended by respected financial institution funding partners including CICC Securities, China Merchants Securities, China Investment Securities and Western Securities. Mr. Zhiqiang He, Vice President of 360 Finance, commented, “The successful execution of this financing amid heightened volatility caused
Show less
Read more
Impact Snapshot
Event Time:
QFIN
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
QFIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
QFIN alerts
High impacting Qifu Technology, Inc - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
QFIN
News
- Qifu Technology Releases 2023 ESG ReportGlobeNewswire
- Qifu Technology Filed 2023 Annual Report on Form 20-FGlobeNewswire
- Qifu Technology Provides Updates on Share Repurchase PlansGlobeNewswire
- Qifu Technology, Inc. (NASDAQ: QFIN) had its price target raised by analysts at Citigroup Inc. from $23.54 to $23.80. They now have a "buy" rating on the stock.MarketBeat
- 360 DigiTech, Inc. (NASDAQ:QFIN) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
QFIN
Earnings
- 3/12/24 - Beat
QFIN
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/26/24 - Form 20-F
- QFIN's page on the SEC website