NASDAQ:LX 24 November 2025

Qfin Holdings (QFIN) stock slides as China fintech ADRs lag on tariff limbo, credit jitters

Qfin Holdings shares dropped 4.5% to $17.32 in Friday afternoon trading, hitting a session low of $17.21. FinVolution and LexinFintech also declined, as investors weighed U.S. tariff uncertainty and concerns over rising Chinese consumer loan defaults. China’s regulator recently extended a program for banks to offload bad loans. The broader U.S. market traded higher.

9 January 2026

China Economy·Fintech·NASDAQ:FINV·NASDAQ:LX·NASDAQ:QFIN·Stock Market

LX Stock Today (November 24, 2025): LexinFintech Jumps on Strong Q3 Earnings and Steady 2025 Guidance

LexinFintech shares jumped 8% to $3.78 Monday after reporting Q3 net income of RMB 521 million (US$73 million), up 68% year-on-year, despite a 6.7% drop in revenue. Trading volume topped 4 million ADSs. The company reaffirmed its full-year profit outlook. LX remains over 65% below its 52-week high.

24 November 2025

Earnings Reports·Fintech·NASDAQ:LX·Stock Market

Xanadu Quantum Technologies to List on Nasdaq and TSX After Shareholder Approval
March 20, 2026, 12:11 AM EDT. Xanadu Quantum Technologies is set to become the first publicly listed photonic quantum technology company. Following shareholder approval of the merger with Crane Harbor Acquisition Corp. (Nasdaq: CHAC), the new entity, Xanadu Quantum Technologies Limited, will begin trading on Nasdaq and the Toronto Stock Exchange under ticker "XNDU" on March 27, 2026. The merger will provide approximately $302 million in gross proceeds to support Xanadu's development of light-based quantum computing technology, which operates at room temperature and avoids costly cooling systems. This capital complements a potential CAD 390 million investment from Canadian and Ontario governments, backing the company's efforts to scale its hardware, software, and cloud-based quantum platforms.