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EN590 Commodities GroupMarket Analysis 2026-09-03T09:25:31+00:00
On August 25, Qfin Holdings (NASDAQ:QFIN) reported second-quarter results that tell two very different stories at once. Total loan volume fell 25.1% year over year to RMB63,377 million, and non-GAAP net income dropped to RMB454.9 million from RMB946 million just one quarter earlier. Non-GAAP earnings per diluted ADS sank to RMB3.72 from RMB7.70. But buried in the same release, revenue from the company's technology solutions business jumped more than sixfold, and management laid out plans to turn Qfin into what it calls an AI-native lender. Investors have to weigh both halves of that picture. The clearest growth story sits inside Qfin's tech solutions arm. Loan volume tied to that unit hit RMB10.5 billion for the quarter, up 515% from a year earlier, while the outstanding balance climbed to
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.