US Stock Market Move | Q1 financial report data is strong, X Financial Sponsored ADR Class A (XYF.US) rose more than 7%.

On Tuesday, the stock price of the financial technology company X Financial Sponsored ADR Class A (XYF.US) rose, up over 7% to $16.095 at the time of writing. This follows the release of its unaudited financial performance for the first quarter ending March 31, 2025. Financial data shows that the company's total matched and facilitated loans in the first quarter of 2025 amounted to 35.149 billion RMB; and the outstanding loan balance as of the end of the first quarter of 2025 was 58.403 billion RMB. X Financial Sponsored ADR Class A president Li Kan said, "In the first quarter, our total matched and facilitated loans reached 35.1 billion RMB. This is one of the strongest quarters we have ever had, reflecting the continuous progress we have made in risk management. Our team is always dedicated to expanding business opportunities through new and existing partnerships, continuously upgrading our technological platform and data-driven risk control system. By accelerating approval decisions, simplifying application processes, improving information transparency, and continuously optimizing user product experiences; while strengthening platform stability and support tools to help users access credit services more securely. We will continue to act responsibly on the platform, through rigorous implementation and continuous innovation, to help achieve our goals for 2025."