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FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Stock news
LexinFintech (NASDAQ: LX), one of China's leading fintech companies, had a challenging 2020 as a result of the COVID-19 pandemic. Investors have responded with optimism, sending shares of Lexin to a six-month high. A "buy now, pay later" (BNPL) payment option allows shoppers to buy products and pay for them over time.
SHENZHEN, China, Feb. 02, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced that it has appointed Mr. Erwin Yong Lu as the Company's chief technology officer, effective February 1, 2021. Mr. Lu has over 20 years of experience in the technology sector and has held various senior positions. Prior to joining us, Mr. Lu served as the chief infor...
You may not be familiar with LexinFintech Holdings (NASDAQ: LX), probably because it's based in China and is relatively small, with a market cap of $1.4 billion. It's an online consumer finance company targeting educated young professionals ages 18 to 36. It offers customers a credit line and an accompanying virtual credit card, called Le Card, which they can use to buy merchandise on LexinFintech's e-commerce platform, Fenquile.
LexinFintech Holdings (NASDAQ: LX), a Chinese company that specializes in loan services targeted at the country's bourgeoning class of young professionals, rose by almost 9% on Monday. The catalyst was a business update indicating robust growth in the very near future. In the update, based on a preliminary assessment of its performance, LexinFintech said its loan originations hit 176.5 billion yuan ($27.24 billion) in 2020, matching the company's guidance.
Pre-pandemic loan origination target is achieved, with continued strong growth expected and improving asset quality; P2P balances have also been reduced to zeroSHENZHEN, China, Jan. 25, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, is pleased to announce that based on the Company’s preliminary assessment of the current business and market conditions, th...
Investors need to pay close attention to Lexin (LX) stock based on the movements in the options market lately.