Reddit Posts
Why I’m out of Chinese fintechs (QFIN & FINV), even though they look “cheap”
(QFIN) Qifu Technology Q3 2025 Earnings Call | Live Transcript at 7:30pm ET
QFIN to the moon. Goodnight world. Top of the morning to you China.
Option Play for $QFIN Paid .10 cents automatically now .15 cents but the Spread....
$QFIN Best Deep Value Buy in 99.99 % of Nasdaq : 3.99 PE , Vir Debt Free, 62% Profit Margin . Show be Better if u can
QFIN - Best Extreme Value Buy today PE 3.71 Virtually Debt Free Huge Growth 63% Profit Margin SHORT SQUEEZE Imminent
QFIN - Best Extreme Value Buy today PE 3.71 Virtually Debt Free Huge Growth 63% Profit Margin SHORT SQUUZE Imminent
QFIN - Best Fundamentally Strong Stock Accumulation
100k to 25k thanks to CCP. Positions (shares only): $QFIN, $TIGR
FinVolution Group ($FINV) Undervalued Fintech Play (ER Monday 8/23)
FinVolution Group ($FINV) Undervalued Fintech Play (ER Monday 8/23)
QFIN - Jackpot Best Buy - Smashing Q2 Results , Buyback, Future Outlook
Super Earning from QFIN and very much undervalued
QFIN Best Value Buy today : PE 3.68, Debt Free , Op Margin 71%,
Can someone explain QFIN for me? Its done nothing but beat its earnings and Zacks has it as a strong buy and all projections look insane...but its taken a HUGE hit last 30 days (-39%). Seems like a good move to drop big money into it right now?
QFIN the hottest stock in China, 200% earnings growth, 40% average sales growth.
Money flowing back into Chinese growth stocks?
[5/06] Best-Performing China Concept Stocks
Mentions
|Ticker|Allocation| |:-|:-| |KSPI|22.75%| |ADBE|12.25%| |ACGL|10.50%| |DR (TSX)|10.50%| |CWL (TSX)|8.75%| |QFIN|8.75%| |PBR|8.00%| |TME|6.25%| |FMCC |5.00%| |SGOV|3.25%| |MELI|2.25%| |QQQ Put|1.75%|
QFIN gamble turned $250 into $3250, between that and APPS I had a pretty good morning.
|Ticker|Company|Allocation| |:-|:-|:-| |ACGL|Arch Capital|18.25%| |SGOV|0-3 Month Treasury Bond|12.00%| |CROX|Crocs|11.00%| |ADBE|Adobe|11.00%| |DR|Medical Facilities|11.00%| |QFIN|Qfin Holdings|9.00%| |LNG|Cheniere Energy|7.00%| |JD|JD .Com|6.00%| |THX|Thor Explorations|5.00%| |FMCC|Federal Home Loan Mortgage|4.25%| |QQQ put|Puts|3.00%| |MELI|Mercado Libre|2.50%|
I'm in JD and QFIN. \~15% of my portfolio is always in China.
QFIN and MOH are taking you to the cleaners since 2025, because healthcare stocks are in the tank, and economy in China's crazy these days. The china part of the equation is just going to get worse until the war ends, but since QFIN has already lost 2/3 of its value, I'd be tempted to buy more to see if it goes crazy when the war ends, or China recovers. That sort of thing happens. Overall, your portfolio seems good, even though I don't know what was in it earlier (I just backtested it as if you had bought it all in 2020, which doesn't really say anything much -- unless you bought it all in 2020 :-)
JFIN: market cap: $370 million. trailing P/E ratio of about 1.5x, EPS $4.56, negligible debt-to-assets ratio, Q3 2025 net revenue $206.5M. consistently beaten expectations in recent quarters, continued momentum into 2026. credit quality 90-day+ delinquency ratio at 1.33% .conservative capital structure enhances free cash flow generation dividend yield of over 11%. active share repurchase program (up to $80 million authorized through mid-2026). Bear Case: $12: Base Case: $18 (Target): Bull Case: $24 or More: DCF analyses already point to $50+ fair value, so $24 could be conservative if buybacks reduce shares outstanding by 10-15% and dividends attract yield-focused funds. Upside could reach $30+ if peers like QFIN or LX trade at 6-8x multiples, pulling JFIN higher. This bull case hinges on strong Q4 2025 and Q1 2026 results, emphasizing the stock's asymmetric risk-reward given its low-debt safety net.
market cap: $370 million. trailing P/E ratio of about 1.5x, EPS $4.56, negligible debt-to-assets ratio, Q3 2025 net revenue $206.5M. consistently beaten expectations in recent quarters, continued momentum into 2026. credit quality 90-day+ delinquency ratio at 1.33% .conservative capital structure enhances free cash flow generation dividend yield of over 11%. active share repurchase program (up to $80 million authorized through mid-2026). Bear Case: $12: Base Case: $18 (Target): Bull Case: $24 or More: DCF analyses already point to $50+ fair value, so $24 could be conservative if buybacks reduce shares outstanding by 10-15% and dividends attract yield-focused funds. Upside could reach $30+ if peers like QFIN or LX trade at 6-8x multiples, pulling JFIN higher. This bull case hinges on strong Q4 2025 and Q1 2026 results, emphasizing the stock's asymmetric risk-reward given its low-debt safety net.
Nice! $QFIN is a good company. Like $JFIN it has extremely low PE and very attractive debt to asset ratio. However, try this: ask 2-3 artificals to chose between these two companies. Post the result! 🥇🥈
Just did it with Claude. Twice. The company you’re shilling was not brought up. Qifu Technology (QFIN) Key Metrics: ∙ Market Cap: Small-cap (~$3-4 billion range) ∙ P/E Ratio: Around 2.79-8.08 (extremely low) ∙ Debt-to-Equity: 0.06 (very conservative leverage) ∙ Profitability: Highly profitable with net income of ~$6.26 billion yuan in 2024 Based on my research, here’s another strong candidate: Vipshop Holdings (VIPS) Key Metrics: ∙ Market Cap: ~$9.7-10 billion (mid-cap, but still relatively small for Chinese e-commerce) ∙ P/E Ratio: Around 10.29-10.55 (very low) ∙ Debt-to-Equity: 12-19% (very low leverage) ∙ Debt-to-Assets: Approximately 39% (Total liabilities ~$32.5B / Total assets ~$73.6B) ∙ Profitability: Highly profitable with strong cash generation
What do you think of QFIN now at $19? I have serious reservations about it but it's been at the top of my value screener for a while now and even though I keep looking at it I'm not sure I'd ever trust it.
|Ticker|Industry|Allocation| |:-|:-|:-| |ACGL|Specialty Insurance|25.25%| |DR (TSE)|Medical Services|15.00%| |MOH|Health Insurance|15.00%| |WISE (LSE)|Money Transfer|13.75%| |QFIN|Consumer Lending|10.00%| |SGOV|Short-Term Treasuries|9.00%| |CROX|World Class High Quality Footwaer|6.00%| |JD|Ecommerce Retail|3.00%| |THX|Gold Miner|3.00%|
|Ticker|Allocation| |:-|:-| |ACGL|24.50%| |QFIN|17.75%| |CROX|15.00%| |WISE (LSE)|12.25%| |SGOV|10.25%| |DR (TSE)|8.25%| |JD|6.00%| |MELI|3.00%| |THX (TSE)|3.00%| Recent purchases (Q2, Q3): CROX. JD, MELI, THX
Today I have bought: BLCH, COLO B, DNORD. Yesterday I bought: BITF, QFIN, MNMD, NOVO B The day before yesterday: QNC, PSTV, QUBT, KTOS, CYBR.
Honestly, I couldn't find anything specific to the company relating to why it dropped today. All Chinese fintechs are down right now. QFIN was downgraded yesterday by an analyst, and a few days ago when asked about QFIN Jim Cramer said he's not interested in Chinese fintechs, but that's it lol. I have it trading at about 2.1 P/FCF right now which is ridiculous. 27% ROIC, modest revenue growth, big repurchases, and the big dividend. I feel like it can easily pop +50% over a few months when it finally recovers.
QFIN is also my second largest position. Just hold and buy more IMO..
The reason QFIN declined so much is because of 2 reasons: 1) Grizzly Research made some accusations (they're a short seller with motive to sink the stock), and 2) QFIN released Q2 guidance where they expect less loans in the near future. I'm not worried about the credibility of the company. They released statements against the accusations made. And many firms like Fountainvest China Capital Partners hold large positions in QFIN. For example, this fund only has 2 positions and QFIN is one of them. The guy who runs it, Frank K. Tang, 11 years at Goldman Sachs ending as a director, Columbia Business School and has focused on Asia his whole career. I have QFIN trading at only 3x FCF right now
QFIN and JD. PDD is also good. It was recently bought by legend Li Lu who's very picky and Charlie Munger-like about his investments. But I don't want to buy it at this high
`•` `ACGL: 27.25%` `•` `QFIN: 16.50%` `•` `CROX: 12.25%` `•` `WISE: 12.25%` `•` `DR: 11.00%` `•` `SGOV: 8.75%` `•` `YOU: 6.00%` `•` `UNH: 3.00%` `•` `MELI: 3.00%` `CROX, YOU, MELI were recent buys`
|Company|Ticket|Allocation| |:-|:-|:-| |Arch Capital Group|ACGL|24.25%| |Qfin Holdings|QFIN|16.50%| |Crocs |CROX|14.00%| |Medical Facilities|DR|12.75%| |Wise PLC|WISE|11.50%| |0-3 Month Treasury Bond|SGOV|9.00%| |JNBY Design|3306|6.00%| |Petrotal Corp|TAL|3.00%| |UnitedHealth Group|UNH|3.00%| (54.00% US Equities; 22.50% China; 11.50% UK; 9.00% Bonds; 3.00% Peru Oil) Lowered my China position, though it's still high. ACGL remains my top pick. I bought CROX and UNH, with UNH intended as a short-term trade.
I am watching a few that I believe have significant potential: - Invinity Energy Systems (LON: $IES, $IESVF in US). - Qfin Holdings ($QFIN) looks like deep value - ACM Research ($ACMR); crazy valuation mismatch between US-listed name and its counterpart, ACM Shanghai which is 90% owned by ACMR. - Flour ($FLR)
Xiaomi is pretty good, my fav for Asia are Qifu Technology (QFIN) and Meituan (3690.HK)
||Company|Allocation| |:-|:-|:-| |Arch Capital Group|ACGL|24.00%| |Qifu Technology|QFIN|17.00%| |Medical Facilities Corp (TSX)|DR|14.25%| |JNBY Design Ltd|3306|12.75%| |Petrotal Corp|TAL|11.25%| | 0-3 Month Treasury Bond|SGOV|8.50%| |Wise PLC|WISE|6.00%| |Jd Com|JD|3.00%| |Napco Security Technologies|NSSC|3.00%| Sold SGOV for more stocks. Feeling slightly more bullish. Also, this is the most I've held in China.
I’m not the biggest expert in terms of Chinese companies, but anyone here follow QFIN? The valuation in them is very reasonable, but in assuming because it’s an ADR. They do credit services in China. Growth and ROIC is solid. Buying back a lot of stock and has like a 3% yield. Thanks.
|Ticker|Company|Allocation| |:-|:-|:-| |ACGL|Arch Capital|21.25%| |QFIN|Qifu Technology|15.00%| |DR|Medical Facilities|11.25%| |3306|JNBY Design|11.25%| |MO|Altria Group|11.25%| |PBR|Petroleo Brasileiro|10.00%| |SGOV|0-3 Month Treasury Bond ETF|10.00%| |8795|T&D Holdings|5.00%| |NSSC|Napco Security Technologies|2.50%| |IAU|Gold|2.50%| (56.25% US; 26.25% China; 10.00% Brazil; 5.00% Japan; 2.50% Gold)
my QFIN and TIGR calls are ready. already printing
I mean I get dividends from some of the stocks I own in China like QFIN. So money is allowed to come out even from Chinese-based companies
Short WFC, CACC, SLM, QFIN, COOP and a million others
That QFIN chyna finance thing reporting monday is up bigly on the 1 year chart. Chyna finance has to be theee most cooked books out there, surprised it ever went red.
|Ticker|Company|Allocation| |:-|:-|:-| |ACGL|Arch Capital Group|23.75%| |PBR|Petroleo Brasileiro|13.00%| |DR|Medical Facilities Corp|13.00%| |3306|JNBY Design|13.00%| |COLL|Collegium Pharmaceutical|9.75%| |QFIN|Qifu Technology|7.50%| |SGOV|0-3 Month Treasury Bond ETF|7.50%| |IMXI|International Money Express|4.00%| |IGIC|International General Insurance|4.00%| |MTZ|MasTec Inc|2.00%| |PDD|PDD Holdings Inc|2.00%| Mostly US defensives, and China (22.50%). I recently bought into some of these positions at lows (IMXI, COLL). Nearly green ytd. Ready for anything.
FXI is the main large cap ETF. ECNS for small caps. You can do a combination of the two. If you want to invest in the Chinese consumption as a whole, maybe a loan originator like QFIN, which facilitates loans for both individuals and small/medium companies. BYD is also a safe bet if you believe in the future of EVs. One of the most advanced manufacturers, destroys Tesla pretty much everywhere they are.
For those who are not familiar with Chinese stocks and companies: FXI would be the popular large-cap ETF (up 44% over the last 6 months, +19% since Trump's inauguration), ECNS is your small cap ETF (+17% over the last month). If you're looking for individual stocks, QFIN (currently at its ATH) pays a dividend of about 3%, barely any debt, 66% pretax income, 75% institutional ownership and so less volatile than your usual Chinese stock. You also have FUTU (up +94% over the last 6 months), barely any debt, 50% operating income, recently paid an extraordinary dividend. Keep in mind that Chinese stocks can be very volatile so I would recommend to only invest if you can stomach wild fluctuations.
QFIN is probably your best bet if you want to put money on China as a whole. They lend money to small and medium companies, so basically the heart of any economy. 40-50% pretax income, lowest default ratio in the industry, no debt, PE of like 8, pays as much dividends as SCHD, high insider and institutional ownership. But OP wants an ETF...
You never see people talk about Chinese stocks on Reddit because most on here are Americans, so you get downvoted immediately with the procedural "China bad, CCP can take your money at any time" and other nonsense from people who can't even put China on a map. The reality is that Morgan Stanley, Blackrock, Citibank and company are heavily invested there, and for good reasons. We know now that the government supports its companies. The risk is mainly geopolitical (delisting), not intrinsic to companies' operations, and they're audited like any other listed company. The SEC now requires financials to be reviewed and the Chinese government has instructed their companies to comply. However, I would recommend individual stocks over an ETF. It requires due diligence, but you'll find better returns. Some companies like QFIN or FUTU offer considerable dividends with remarkable growth.
My move is to keep DCA’ing into $NET, $QFIN, and $BABA
You're on Reddit, so you're asking the average American what he thinks about China. You will not get an educated opinion here. Companies like QFIN returned about +160% over the last year alone, plus dividends. FUTU returned +757% since its IPO in 2019. Blackrock, Citibank, Morgan Stanley, all invest heavily in China. The US and the EU are in damage control and can only think about raising tariffs to protect their domestic industries. If you want valuable information about Chinese markets, this isn't the right place.
QFIN has been moving and shaking these last few months. And it pays a dividend.
QFIN went up 9% yesterday
I don’t know who said QFIN but I’m happy I followed your regarded ass
I got ZTO and QFIN before market close as earning report comes after and it looks promising
Anyone bouta heavy PUTS ON QFIN
Yes. Like.. Oh no, my QFIN position doubled this year. RIP me
PDD: Jan 2025 (100 strike) QFIN: Jan 2025 (25 strike) BIDU: Jan 2025 (75 strike) LI: Nov 2024 (20 strike) FXI: Dec 2024 (30 strike)
|Ticker|Sector|Allocation| |:-|:-|:-| |ACGL|Financial|22.75%| |UVE|Financial|15.75%| |SGOV|Short-term Bonds|15.75%| |MGM|Discretionary|10.00%| |GSL|Industrial|10.00%| |QFIN|Financial|7.25%| |IAU|Gold|6.50%| |MO|Staple|5.75%| |Cash|Cash|4.75%| |HPP|Real Estate|1.50%|
|| || |Ticker|Name|Sector|Allocation| |ACGL|Arch Capital Group|Financial|22.75%| |UVE|Universal Insurance Holdings|Financial|15.75%| |SGOV|0-3 Month Treasury Bond ETF|Short-term bonds|15.75%| |MGM|MGM Resorts International|Discretionary|10.00%| |GSL|Global Ship Lease|Industrial|10.00%| |QFIN|Qifu Technology Inc|Financial|7.25%| |IAU|iShares Gold Trust|Gold|6.50%| |MO|Altria Group|Staple|5.75%| |Cash|Cash|Cash|4.75%| |HPP|Hudson Pacific Properties|Real Estate|1.50%|
|| || |Ticker|Name|Sector|Allocation| |ACGL|Arch Capital Group|Financial|22.75%| |UVE|Universal Insurance Holdings|Financial|15.75%| |SGOV|0-3 Month Treasury Bond ETF|Short-term bonds|15.75%| |MGM|MGM Resorts International|Discretionary|10.00%| |GSL|Global Ship Lease|Industrial|10.00%| |QFIN|Qifu Technology Inc|Financial|7.25%| |IAU|iShares Gold Trust|Gold|6.50%| |MO|Altria Group|Staple|5.75%| |Cash|Cash|Cash|4.75%| |HPP|Hudson Pacific Properties|Real Estate|1.50%|
|| || |ACGL|Arch Capital Group|Financial|22.75%| |UVE|Universal Insurance Holdings|Financial|15.75%| |SGOV|0-3 Month Treasury Bond ETF|Short-term bonds|15.75%| |MGM|MGM Resorts International|Discretionary|10.00%| |GSL|Global Ship Lease|Industrial|10.00%| |QFIN|Qifu Technology Inc|Financial|7.25%| |IAU|iShares Gold Trust|Gold|6.50%| |MO|Altria Group|Staple|5.75%| |Cash|Cash|Cash|4.75%| |HPP|Hudson Pacific Properties|Real Estate|1.50%|
|| || |ACGL|Arch Capital Group|Financial|22.75%| |UVE|Universal Insurance Holdings|Financial|15.75%| |SGOV|0-3 Month Treasury Bond ETF|Short-term bonds|15.75%| |MGM|MGM Resorts International|Discretionary|10.00%| |GSL|Global Ship Lease|Industrial|10.00%| |QFIN|Qifu Technology Inc|Financial|7.25%| |IAU|iShares Gold Trust|Gold|6.50%| |MO|Altria Group|Staple|5.75%| |Cash|Cash|Cash|4.75%| |HPP|Hudson Pacific Properties|Real Estate|1.50%|
|| || |ACGL|Arch Capital Group|Financial|22.75%| |UVE|Universal Insurance Holdings|Financial|15.75%| |SGOV|0-3 Month Treasury Bond ETF|Short-term bonds|15.75%| |MGM|MGM Resorts International|Discretionary|10.00%| |GSL|Global Ship Lease|Industrial|10.00%| |QFIN|Qifu Technology Inc|Financial|7.25%| |IAU|iShares Gold Trust|Gold|6.50%| |MO|Altria Group|Staple|5.75%| |Cash|Cash|Cash|4.75%| |HPP|Hudson Pacific Properties|Real Estate|1.50%|
Well damn, VIPS beat EPS, but missed revenue and lowered guidance. -17% in the red. Big contrast that to my other China holding QFIN which has been doing so well.
Very green thanks to CAH beat and QFIN beat
|NXST|broadcasting|17.25%| |:-|:-|:-| |UVE|insurance|13.25%| |TAC|energy|12.00%| |BWMX|specialty retail|12.00%| |BTI|tobacco|10.75%| |ACGL|insurance|10.75%| |QFIN|credit services|8.00%| |PRG|rental & leasing service|8.00%| |LUG|gold miner|3.25%| |CGAU|gold miner|3.00%| |TUI1|travel services|1.75%| (40.00% fin; 17.25% comm; 13.75% discretionary; 12.00% energy; 10.75% staple; 6.25% gold) (60.00% US; 18.25% Canada; 12.00% Mexico; 8.00% China; 1.75% Germany) (4.44% dividend; 1.01 beta)
|NXST|broadcasting|17.25%| |:-|:-|:-| |UVE|insurance|13.25%| |TAC|energy|12.00%| |BWMX|specialty retail|12.00%| |BTI|tobacco|10.75%| |ACGL|insurance|10.75%| |QFIN|credit services|8.00%| |PRG|rental & leasing service|8.00%| |LUG|gold miner|3.25%| |CGAU|gold miner|3.00%| |TUI1|travel services|1.75%| (40.00% fin; 17.25% comm; 13.75% discretionary; 12.00% energy; 10.75% staple; 6.25% gold) (60.00% US; 18.25% Canada; 12.00% Mexico; 8.00% China; 1.75% Germany) (4.44% div; 1.01 beta)
Go check out Chinese ADRs! I have been digging around and found stocks that are so crazily cheap: Stock 1): LX : PE ratio 2x, Dividend yield: 10%+ , it is an internet fintech providing consumer finance to Chinese consumers (like AFRM!). Its dividend payout ratio is 20-40%. Its peer, QFIN, just announced a steller 4Q23 earnings (stock + 10% just now): BZUN : PS ratio : 0.14x !!!! it is an internet value add service provider helping companies manage ecommerce in China. It went downstream (purchased the clothing brand GAP's distributing rights in China). For me, it's time to sell some NVDA and go yolo on these ADRs !!
Anyone have $QFIN calls??
QFIN buying back 29% of outstanding shares plus .29 divi
QFIN!!!!! SHANGHAI BABT LETS GO!!!!!!emote:t5\_2th52:4276
QFIN 
Plays in PHUN and QFIN anyone?
I wanna buy QFIN calls but wtf is a QFIN 
calls on PATH puts on QFIN
calls on PATH puts on QFIN
It’s definitely not impossible. Is it the most likely explanation? I hope not. I would not make China my largest holding or even my largest overseas holdings. I personally like GCOW,PGJ, EEM for various reasons but the main single stocks I’m somewhat comfortable holding are JD and QFIN. I weight ETFs much higher than single stocks though. So I’m definitely not going on a buying spree on China stocks. I’m not avoiding them altogether though.
WSM beat yesterday. QFIN beat today. Oh yea, just broke +20% over the last 12 months.
​ |WSM|17.00%| |:-|:-| |TOL|12.00%| |IDCC|11.00%| |CROX|11.00%| |QFIN|8.50%| |HPQ|8.50%| |CAH|8.50%| |ALL|7.25%| |NXST|7.25%| |STLA|7.25%| My updated portfolio. Made good money from TOL recently. It's a home builder and luckily I bought at the bottom. CROX has been a drain on my portfolio, but it looks like it'll finally develop upwards momentum now. I had to choose between ALL and AXP. Both are financials that look equally attractive to me. I chose ALL. It tends to become undervalued after hurricane damage and short-term disappointment, and it's a smaller company that has historically done well during rate cuts, Recently added IDCC. It looks cheap relative to their growth rate, and they give back value to shareholders which is surprising for a 2B tech company.
- WSM: Hold. The stock has shown significant growth since your average price of $114.80, currently at $143.25. It is expected to continue moving higher in the coming weeks. Stay updated for potential dips. - CROX: Hold. The stock is in the mid-cap consumer discretionary sector and tends to swing significantly. It has shown growth at 11.75%. Monitor for potential dips and consider holding for the long term. - SIG: Hold. With a growth rate of 9.50% in the discretionary sector, the stock has potential for further gains. Keep an eye out for any significant price movements and stay updated on the stock's performance. - QFIN: Buy. As a finance company in China, it is currently in deep value and has potential for growth as more people require loans. Consider buying at the current price of $15.93. Monitor for potential dips and hold for the long term. - MED: Sold. Due to disappointing performance each quarter, you have sold the stock. Replaced it with KFY. - KFY: Buy. The stock is in the services sector and shows potential for growth. Consider buying at the current price. Monitor for potential dips and hold for the long term. Source: Incite Advisor - inciteai.com Reasoning: - WSM, CROX, SIG: These stocks are in the mid-cap consumer discretionary sector and tend to swing significantly. They have shown growth and are expected to continue moving higher in the coming weeks. Monitor for potential dips and hold for the long term. - QFIN: As a finance company in China, QFIN is in deep value and has potential for growth in the lending sector. Consider buying at the current price and hold for the long term. - MED: Due to disappointing performance each quarter, you have decided to sell the stock and replace it with KFY. - KFY: The stock is in the services sector and shows potential for growth. Consider buying at the current price, monitor for potential dips, and hold for the long term.
JD, QFIN, CVS looks better than it has in a long time. HOPE is beaten down and looks solid. GSL for shipping. AEL was just purchased for $55 a share and it’s under 53. I’m in the green on all of these by a lot.
What's up with some financial stocks? My QFIN is up 13%
Hey, a QFIN buddy. That's a surprise. It's my favorite Chinese stock on US exchanges.
​ |MED|16.75%| |:-|:-| |QFIN|13.50%| |NRG|12.25%| |HPQ|11.25%| |WSM|9.00%| |BPOP|8.00%| |GSK|8.00%| |AGRO|7.00%| |PBR|5.75%| |ALL|3.75%| |HIG|3.75%| Portfolio update. Took gains on META and sold. Added GSK and HIG. It's about 1/3 ex-us holdings now. QFIN has been my biggest winner the past quarter at +51%. NRG being my biggest loser at -14%. I believe people overreacted when selling NRG after their recent acquisition, so I upped my position.
​ |17.25%|MED|discretionary; diet| |:-|:-|:-| |12.25%|QFIN|financial; loans| |10.25%|HPQ|tech; computers| |10.25%|BPOP|financial; bank| |8.25%|WSM|discretionary; luxury goods| |8.25%|NRG|utility; energy| |7.25%|META|tech; internet| |6.25%|ALL|financial; insurance| |6.25%|AGRO|staple; farming| |5.25%|PBR|oil| |4.25%|AMN|healthcare; staffing| |4.25%|IAU|gold| (12.25% China, 11.50% South America) (7.50% dividend)
thoughts on PTON AND QFIN?
Heard about $QFIN $DQ???
QFIN (360 DigiTech Inc) in my opinion a highly undervalued fintech stock.
I follow QFIN. It’s a legitimate company that has never been accused of anything. It’s a successful company but suffers from being Chinese - people don’t want to invest in Chinese companies, including me.
QFIN and FUTU. Both growing considerably, with a healthy balance sheet. QFIN pays 6% dividends. Both Chinese, not going through an inflation crisis because their government didn't print cash like mad men, and actually just lowered their rates. Only political risk is the SEC audit dispute. CCP crippling domestic companies is a myth, not more than the EU or the US, both leading China in anti-trust fines and other restrictions. Fight me.
You don't have to. It carries a risk, especially as long as the SEC audit dispute hasn't been settled. Chinese stocks aren't for everyone. They're volatile, and get shit on every day on Reddit, so if you hold Redditor's opinion in high regard, you'll get spooked at soon as your holding goes down and sell, which is a perfect set-up to lose money. If you want to limit your risk exposure, maybe wait until the audit dispute is resolved. IN short, most companies, QFIN included, are audited by the Big 4, but the Chinese government doesn't want the reports handed over to the US government. They officially stated that they will allow it, shifting the responsibility for leaking national security data to listed companies, but it's not a done deal yet. As far as performance goes, the US has entered a recession, and they'll need to increase rates at a much higher pace if they really want to control inflation. Elections are coming, and politicians will always try to make the next administration bear the cost of hard but necessary policies. Meanwhile, China has lowered their rates, recorded a GNP growth of 5% in Q1 (the US was negative), will benefit from lower tariffs with US, has signed a deal with SE Asia to trade without tariffs (including Australia)... Again, Chinese stocks aren't for the weak-stomached, so tread lightly. But they do have very successful businesses. QFIN also has a very high institutional ownership. Morgan Stanley owns 6% of the company, Vanguard and Blackrock 5%...
QFIN P/E of 3, has beaten earnings flawlessly over the last 2 years, healthy balance sheet, fast growth, pays about 5% dividend, will largely benefit from the recent policies... Only risk at this point is the SEC dispute. Yes, it's Chinese. Fight me Reddit!
I cannot guarantee their future, but QFIN and QDEL have these things in common: \--Multiple Billions in revenue \--Revenue growth \--Positive earnings surprises \--PE Ratios of 2.9 and 4.2 respectively I am down 30-40% in each, but the trends have looked so good I have held so far.
You think volkswagen is priced too high at sub 5 p/e? Goddamn I consider it a cheap buy right now. My non-US picks rn are: EU: heavy in semis on the assumption (and observation) that the EU is looking to reduce international dependence. ASML ASMI BESI XFAB. Among some other sectors and companies (lots of home bias for me here) Asia (ex china): semis and batteries with Samsung electronics and Samsung SDI. Ive found some opportunities in kazachstan of all places with uranium (kazatomprom) and a fintech/bank that appears to be taking over the entire country (kaspi). Obviously speculative, but the valuations on these are definitely acceptable. China: very broad because, while I consider them vastly undervalued even considering the policy risk, I cannot predict which companies will be hit the hardest. Mostly in etfs (CSI 300 and KWEB) with some individual highly speculative picks (QFIN, ZLAB, TAL) Africa: limited to some very cheap mining stocks from south africa. SBSW and Impala Platinum. Technically also naspers but thats essentially a Tencent holding company so you could consider it Chinese. South-America: currently only have a small position remaining in Vale as you mentioned. I have some Chilean/Peruvean copper exposure through BHP and Glencore but thats about it for now.
Yo thoughts on QFIN and ZIM, I love their low P/E and the fact that both of them have given out dividends in the past. QFIN seemed to get beaten down during the trade war with China even though it’s a tech stock and was still able to make good profit. ZIM has been showing that they can make a lot of profit and seem to only be growing. Please balance out my optimism ?
Right now I’m buying lots of china. Loaded up on Tencent, which is common. What isn’t very common are the cheap Chinese Fintech stocks right now(QFIN and LU): The companies performance and stock price are quite moving in the opposite direction of each other. High yields of earnings and dividends too. These ones are speculative and could be good value plays. Tencent is for compounding value.
Chinese stocks face delisitng. QFIN is an illegal business in China, could be shut down tomorrow. Sell QFIN.
QFIN, down over 60% 1 of my FVRR shares down almost 60% RIOT down almost 60% Fortunately, they were never like 5% of my portfolio or anything.
I don’t day-trade and I don’t invest as most do, so I couldn’t give you a target price. I find DCF analysis very speculative and based on arbitrary assumptions. I invest in companies that I find robust and well managed. I set a few requirements, mainly profitability and healthy balance sheet. If the current price doesn’t seem speculative, I may buy shares. I only hold shares of a handful of companies to be able to follow their guidance and performance. When I buy, I consider selling when I feel the price seems disconnected from the company’s performance. I bought Nio at a low price, sold at $60. I bought Tesla at $500, sold at $880. I bought QFIN at $20, went all the way up to $44, didn’t even consider selling because even at $44, PE was like 6. We’re talking about a fintech company. I might keep it for 10 years without a price target as long as the company performs well.
I don't think that they announced a buyback, no. QFIN does fly under the radar. You can see in the volume traded. Most days, it barely reaches a million. I have no doubt that Chinese ADRs will reach new ATH within 12-24 months, so I'm not bothered by the nationalist mentality on here. I'm convinced that it's a foolish position to have, but they're entitled to their own views, whatever. However, I felt that it's something to warn about, especially for people who ask for advice on Reddit.
Very solid analysis, I thought very similar things. I believe they announced a buyback that is like 10% of current market cap right? There hasn’t been much discussion about QFIN on the Reddit that I’ve seen. I noticed this company a couple weeks ago but felt like it was too good to be true, bought during the recent China crash and before the rebound. I still feel like it’s too good to be true but the numbers have seen great on paper, just poor Chinese sentiment. I am also down 50% on BABA, so I know your pain. Been told by western capitalists that the CCP is not worth the risk so many times. I didn’t think so because of big investors continuing to buy shares.
Funny you say that because I rebalanced my portfolio when all my Chinese holdings were going down, and sold all my BABA shares to increase my position in QFIN. Only time will tell if it was a good move I guess.
Shareholder here for quite some time now, about 20% of my portfolio. If you don't know what they do, it's a loan originator, similar to UPST. They only operate in China. Has been profitable for some time, solid balance sheet, incredible growth. They don't bear the risk of default, except for a fraction of their small loans, which are required to be co-funded by the originator by law and account for a marginal part of their balance sheet. One of the highest institutional ownership for Chinese stocks (about 60%). Morgan Stanley alone holds over 7% of the company, Vanguard and Blackrock 6%... They keep beating earnings, started paying dividends in Q3 2021 (next dividend will be $0.26 per ADS in the book on April 3, if I'm not mistaken), not menaced by recent regulations, will benefit from recently lowered interest rates, ratios are all ridiculously low... It recently got beat up over regulation fears I'm sure you're aware of. There's no doubt it'll keep growing. The question you should ask yourself are: 1) Will China and the US come to an agreement by 2025 regarding audit reports? The Chinese government announced last week that they're currently working on a draft and stated that they will keep welcoming foreign listings and international investments. It was mid-day Wednesday and BABA HK (9988) went up 20% by end of trading day. QFIN went up 40% the next day. I personally never thought China would allow delistings to happen (DiDi was a completely different animal and the market overreacted as always). They need foreign investors to fund their industries and state champions, always have, and will for a foreseeable future. But it's not a done deal. It's a risk you need to assess for yourself. 2) It's Chinese. The market tends to be overly on edge with those. If you can't stomach volatility, Chinese stocks are not for you. If you can give it years, and accept the risk described above, you won't find many companies like QFIN. 3) Accept the fact that Redditors will always stand against Chinese stocks. r/stocks seems to be right-leaning, influenced by Trump's rhetoric and see China as an enemy. Don't try to explain it's our largest trading partner, that our entire economy depends on them, that communist economies don't have a stock exchange and real ownership. Politicians called China our enemy because it's easier than explaining that means of production moved there because of devastating policies and restrictions passed into law in the US for decades. Nothing you can do to convince them otherwise. r/investing seems less politicized but remains anti-China to some extent. So don't expect a lot of support from this site. You have to establish if it's a risk you want to take and block off the noise. 4) It's obviously a VIE. The Chinese government recently endorsed the structure, at least verbally. I'm assuming you know what it is by now (you don't own shares of the company but rights to its cash flow). If you think that structure can be outlawed overnight, avoid Chinese stocks. I think it's ridiculous to even suggest that, but you have to establish that for yourself. Hope this helps.
I have some STNE, which was up 41% today. Also a call on STNE, which was up 97% today. QFIN was up 1\`3% today. SPTN was up 11% today. I have a lot of stocks, so overall, up 3.8% today. Interesting day and interesting year. I have been stubbornly holding on to some stocks that have declined but are profitable and undervalued. Some of them are rebounding, like steel (Zeus, STLD, CMC, SID), and other material companies (BCC).
A 3-month hold is just a gamble, even if you put your money in a good company. The idea behind value investing is that a stock may be traded at a lower price than what the company's fundamentals suggest, and that in the long run, the price of the stock will catch up to a fair value. Long run means years. Anyone who tells you that a specific stock will make you money within 3 months is phony. You'll find several foreign undervalued stocks like QFIN or BABA, but there's absolutely no guarantee that they'll reach their fair value in 3 months.
Very pleased with AGCO earning report. Like... damn it dragged Deere up. Imagine a <9b market cap pulling a >100b market cap up on earnings. You love to see it. I fully expect it to return all 9% gained and continue careening for the center of the Earth tomorrow, but I don't sell until 165 so ride or die. Hoping this keeps up. Everything did well (even a broken clock right twice a day I suppose): BAC,WFC,QFIN,NAVI,CLF,BOOT,KBH,DHI,STWD a few did drop minimally but SHIT can we just have one more day of bliss before descending back to fuckville?
AGCO, a legit solid company, cheaper than it should be. Been following down 35% and I'm still long. QFIN, Chinese company need I say more? I continue to buy leaps in it, but w/e ... though it is up 11% today which is nice. ^ that's it.
China about to explode during Olympics get in at the BOTTOM: BUY QFIN. Parent company worth 80B #1 fin tech
QFIN & Chinese fin tech to moon prior to olympics as they reopen and open the flood gates of stimulus with lowering rates there.
Literally QFIN I promise you.