Qfin Holdings reported a 31.6% year-over-year decline in Q2 2026 revenue to RMB 3.57 billion and a 76.8% drop in net income, impacted by a RMB 500 million tax expense. The company also forecasted a 67% to 73% decline in Q3 net income due to rising funding costs and liquidity issues in China's consumer credit market. Following these results, Qfin's ADR price fell nearly 19%. Pomerantz LLP is investigating potential securities fraud and unlawful practices by Qfin and its executives, advising affected investors to contact them for a class action lawsuit.
Qfin Holdings' recent financial troubles and investigation news provide context for readers. For those following the Financials sector, here is Pluang's market snapshot as of Sep 17, 2026 20:41 WIB: Out of 74 priced US Financials stocks tradable on Pluang, 56 rose and 17 fell today. Notable movers include STM at USD 48.82 with a 1-day change of +1.58% and a Pluang order activity of 99% Sell / 1% Buy, Deutsche Bank AG at USD 38.94 with a 1-day change of +1.51% and 0% Sell / 100% Buy order activity, and AGNC Investment Corp at USD 10.02 with a 1-day change of +1.42% and 58% Sell / 42% Buy order activity.
Central Asia Metals received 'buy' ratings from brokers Cavendish and Peel Hunt as production at its Sasa mine improved, boosting outlook. Zinc and lead outputs at Sasa rose 18% and 21% year-on-year, exceeding forecasts, while copper production at Ko...
During a live demonstration at the Basecamp conference in Singapore on October 7, 2026, the Sui blockchain network processed over 40 million transactions per second, verified in real time by auditor CertiK. This performance more than doubled the init...
On October 7, Bitcoin long-position liquidations surged to $11.98 million within an hour ending at 6:11 a.m. ET, accounting for over 99% of total liquidations worth $12.02 million. This spike occurred as Bitcoin's price dipped slightly from $83,908 t...
Ether (ETH), the second-largest cryptocurrency, saw $22.55 million in long positions liquidated within an hour ending at 6:11 a.m. ET on October 7, as its price dropped 0.68% from $2,608 to $2,590. Total liquidations across major exchanges Binance, B...
SwissBorg has listed Worldcoin (WLD) as a supported asset on its app, allowing users to trade the token. The app operates under the French Markets in Crypto-Assets (MiCA) authorization through BlockNodes SAS, ensuring regulatory compliance. Worldcoin...
