360 DigiTech Earns ‘Survivor’ Title After Latest Regulatory Wave


  • 360 DigiTech has reported strong third-quarter results, with both turnover and net income posting solid gains.
  • Investment banks are optimistic on the company, with Morgan Stanley raising its target price to $54 – nearly double the current share price.
  • Shares of consumer lenders like 360 DigiTech have been on a rollercoaster ride this year as China ramps up regulation of the formerly freewheeling sector.

financial graph and technology element on mobile phone 3d rendering

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After transforming from direct lender to loan facilitator, the fintech led by ‘internet bad boy’ Zhou Hongyi has found a way forward in the face of regulatory headwinds.

Following Beijing’s determination to clean up China’s

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