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China's FinVolution hits over seven-year high after strong annual revenue forecast

ReutersMar 18, 2025 5:58 PM

Chinese fintech company FinVolution's shares FINV.N jump as much as 21.5% to $11.08, hitting their since December 2017

FINV late Monday forecast 2025 revenue above analysts' expectations

Citi Research upgrades FINV to "buy" from "neutral"; raises PT to $11 from $6, a 20.6% upside to stock's last close

Brokerage says signs of profit turnaround have emerged with strong 2025 revenue forecast

Adds that overseas business expansion thesis for FINV is also finally unfolding

Six of seven brokerages rate stock "buy" or higher and one "hold"; median PT is $7.80 - data compiled by LSEG

FINV stock up 59% YTD

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