US Stock Market Move | Lexinfintech Holdings Ltd. Sponsored ADR Class A (LX.US) rose by another 9.87%, with a total increase of 27% over the past three trading days.

date
09:24 28/05/2026
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GMT Eight
Driven by factors such as the three major US stock indexes hitting historic highs and solid performance in the first quarter of 2026, China's leading new consumer digital technology service provider Lexin (LX.US) rose by 9.87%.
On Wednesday (June 28) Eastern Time, US stocks closed, driven by factors such as the three major US stock indices hitting historic highs and solid performance in 2026Q1. Lexinfintech Holdings Ltd. Sponsored ADR Class A (LX.US), a leading new consumer digital technology service provider in China, rose by 9.87%, closing at $2.45, with a trading volume of $12.76 million on that day. Lexinfintech Holdings Ltd. Sponsored ADR Class A has recently shown strong stock price performance, with a total increase of 27% over the past three trading days. The trading volume in the past two trading days has exceeded ten million US dollars for the first time since the beginning of the year. At the market level, the progress of US-Iran talks has influenced the three major US stock indices to collectively hit historic highs. At the close, the Dow rose by 0.36%, the Nasdaq rose by 0.07%, and the S&P 500 rose by 0.02%. The Nasdaq Golden Dragon Index rose by 1.05% on Wednesday. In terms of individual stocks, apart from Lexinfintech Holdings Ltd. Sponsored ADR Class A, NIO Inc. Sponsored ADR Class A rose by over 9%, VNET Group, Inc. Sponsored ADR rose by nearly 8%, Babao Tea, Xiaoma Zhixing rose by over 4%, and Baidu Inc. Sponsored ADR Class A rose by over 2%. On May 25, Lexinfintech Holdings Ltd. Sponsored ADR Class A released the unaudited financial performance for the first quarter of 2026. In the face of macro-environment and industry challenges, the company's transaction volume in installment retail, offline inclusive finance, and TO B digital technology business has accounted for nearly 50%, with the growth rate of ecological businesses higher than that of online lending, becoming the company's new growth curve, and the initial completion of the transformation of old and new business dynamics. Specifically, in the first quarter, the company's revenue was 3.309 billion yuan, non-GAAP EBIT was 301 million yuan, the managed loan balance was 96.541 billion yuan, the transaction volume was 578.98 billion yuan, an increase of 15.9% month-on-month and 12.2% year-on-year, the number of active users was 5.167 million, an increase of 14.1% month-on-month and 8.6% year-on-year, and the number of new active users was 1.444 million, an increase of 63.3% month-on-month and 101.6% year-on-year. From the doubling of transaction volume on the Fenqile Mall, to the rapid growth of the TO B digital technology business, and to the continuous penetration of offline inclusive services into the real economy, Lexinfintech Holdings Ltd. Sponsored ADR Class A's role is now as a promoter of consumer growth, a practitioner of inclusive finance, and a link between traffic and financial services. Lexinfintech Holdings Ltd. Sponsored ADR Class A CEO Jay Xiao said, "In the first quarter, despite facing challenges from the macro-environment, industry adjustments, and the impact of the Spring Festival holiday, our years of unique and diversified ecological business layout have allowed us to achieve steady performance this quarter. The initial completion of the transformation of old and new business dynamics is propelling us towards long-term stable, diversified, and healthy growth." Founded in August 2013 and based in Shenzhen, China, Lexinfintech Holdings Ltd. Sponsored ADR Class A has always actively connected online and offline consumer scenes through its platforms, linking millions of young Chinese consumers with new consumer brands with the brand concept of "easy consumption, flexible turnover". In December 2017, Lexinfintech Holdings Ltd. Sponsored ADR Class A officially listed on the Nasdaq in the United States.