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NASDAQ:QFIN 9 January 2026

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

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.

Stock Market Today

  • InterContinental Hotels Group to Cancel 76,481 Shares Bought in Buyback
    March 20, 2026, 5:40 AM EDT. InterContinental Hotels Group (IHG) purchased 76,481 ordinary shares on March 19, 2026, through Goldman Sachs International as part of its Annual General Meeting-authorized share buyback program. The shares were acquired on the London Stock Exchange, with prices ranging from $127.05 to $131.35, averaging $129.73 per share. The company plans to cancel these shares, reducing the total shares outstanding to 150,524,341, excluding 5,431,782 shares held in treasury. This move follows instructions issued on February 17, 2026, reinforcing IHG's commitment to returning value to shareholders through share consolidation.
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