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LexinFintech Holdings Ltd. (LX)

NasdaqGS - NasdaqGS Delayed price. Currency in USD
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2.2900-0.1300 (-5.37%)
As of 02:31PM EDT. Market open.
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  • D
    Dianne
    Based on earnings alone this stock should be way higher. What is going on?
  • A
    ANDREAS
    Any news about the discussions between the regulatory authorities of China with the US? As long as there is no successful conclusion with the auditing and other issues, as required by the US Security, these little beautiful chinese shares will not shine again.
  • G
    Goncalo
    https://www.sec.gov/hfcaa

    There you go, 1.1T$ to wipped out from US stock exchange.
    People just lost their minds now
    SEC.gov | Holding Foreign Companies Accountable Act (“HFCAA”)
    www.sec.gov
  • A
    ANDREAS
    US regulators are in China for audit deal talks -sources
  • L
    Lukas
    $LX
    Fang Xinghai said that there are many factors for the decline of Chinese concept stocks, and one of the more important factors is the cooperation between China and the United States in auditing supervision.

    "At present, the audit supervision issue between China and the United States is the core, but finding a reasonable and reasonable arrangement is not an easy task. However, after the new chairman of the SEC and PCOB, the negotiations between China and the United States are progressing very smoothly, and video negotiations are held basically every other week. Once, carry out the detailed landing work." Fang Xinghai said.

    Fang Xinghai said that he is confident that in the near future, China and the United States will negotiate a cooperation agreement, and relevant uncertainties will soon be eliminated.

    At the same time, Fang Xinghai said that the CSRC supports companies to go public overseas.
  • G
    Goncalo
    This is going rock bottom. I don't expect to raise this year.
    I guess the issue is they cannot be traided OTC either in US.
  • A
    ANDREAS
    I have not noticed any repurchasing of shares by the company, did anybody notice any? Was it another scam?
  • v
    vusal
    Look at the P/E Ratio lol 😂😂😂
  • S
    Sammy
    $2.22 cash per share, 14.4 cny.
    All else is valued at 28 cents a share.
    So if we take cash out of the equation, one could argue that pe should be calculated with 0.28 SP.
  • L
    Lukas
    $LX
    The Chinese media show great interest of Chine in reaching an agreement with the US regulatory authority. I think the revision of the April 2 rules was exactly the agreement and compromise that the US regulators demanded. Internal agreement, when you do, I will. Let's look at LX now. P/E = 1.6, P/B = 0.5 and so on. Assumption of an increase in transactions for 2022 by 10%. Repurchase of shares worth 50M and another 10M from December. Clear strategy for the future 2 + 1. In addition, targeting small businesses and villagers from villages (new citizens 300M). A stable portfolio of customers with a low level of risk. Good response to regulatory requirements. Loan reduction below 24% by June. Agreement with Bahrain and financial institution by June. Looks like a good 1Q. Cov19 is currently in China, although Shenzhen is already out of isolation. The quarantine in Shenzhen lasted 7 days and currently life is normal.
  • G
    Goncalo
    It's clear this year bulls aint going anywhere.
  • A
    ANDREAS
    11 months ago this was a $12 share, lol !
  • A
    ANDREAS
    What a joke this board, it always deletes all the postings it does not like !
  • H
    Harry Bullish
    When the details of the auditing stuff are finally worked out, this should probably be trading at about $10.
  • v
    vusal
    where is buyback?
  • k
    kyle
    Ads split to sky rocket this thing like EDU last week would be great
  • c
    ck
    where is the 50mil buy back? low volume as well...
  • P
    Paul
    once again----manipulation by insiders accumulating the stock.
  • A
    ANDREAS
    People are not interested in this little beautiful chinese share...