360 Finance Inc: Rises on management's plan to increase its stake in company

Qfin Holdings

11/12/2019 13:12

** U.S.-listed shares of Chinese digital consumer finance
platform  QFIN.O  rise 4.6% to $9.80 premarket 
    ** Stock set to break two-day losing streak, if gains hold
    ** Company's management reaches an agreement with
FountainVest Partners to jointly invest up to $60 mln to buy
QFIN shares in the next 12 months  urn:newsml:reuters.com:*:nGNXc4tZlx
    ** Up to Tuesday's close, stock had fallen ~39.6% YTD

 (Reporting by C Nivedita and Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com))