Sep. 11 at 11:11 AM
$LU $QFIN $FINV
"loan assistance companies are finding it difficult to offset the impact of declining pricing through scale expansion. In addition, compliance, technology, and risk control-related investments remain rigid, and existing high-yield assets are gradually maturing and being replaced by low-yield new businesses, resulting in a simultaneous decline in revenue and profit."
With the domestic loan facilitation business shrinking, various platforms are looking overseas for growth opportunities [...]
He added that it generally takes three years to break even in a new market, so even from a financial perspective, the pace of expansion must be controlled. However, it is certain that overseas market expansion is the company's development direction.
$LX Lexin is vigorously developing non-matching businesses such as e-commerce to cope with industry adjustments.
https://finance.sina.com.cn/jjxw/2026-09-09/doc-inirfcpw5736484.shtml
