Finvolution (FINV.US) rose nearly 5% and has gained more than 26% year-to-date.
On Wednesday, FintechFEXDU-- Inc. (FINV.US) closed up nearly 5% to US$8.60, up more than 26% since 2025. On February 16, 2025, Pan Gongsheng, Governor of the People's Bank of China, was invited to speak at the Emerging Market Seminar hosted by the International Monetary Fund (IMF) and Saudi Arabia. Pan noted that since late September last year, the Chinese government has rolled out a package of incremental policies to effectively boost social confidence and the economy has rebounded significantly. In the next step, the Chinese government will implement more active fiscal policies and moderate monetary policies to strengthen the counter-cyclical regulation of macroeconomic policies and continuously promote the transformation of China's economic growth model to solidify and enhance the momentum of economic recovery and improvement. Under the combination of more active fiscal policies and moderate monetary policies, the recovery of consumption and investment demand will be conducive to the business development of Fintech companies such as Fintech Inc. Moreover, Fintech Inc. announced last week that its two major model platforms, the E-LADF application development framework and the ZetaZETA-- innovation application platform, have been officially connected to DeepSeek-R1, completing a key upgrade. Through this upgrade, Fintech Inc. can enhance the semantic understanding and processing ability of complex problems of the large model, expand the service boundary of the large model, and more effectively support decision-making scenarios, thus more accurately identifying fraud patterns, optimizing user interaction strategies, and improving the degree of automation of AI in business processes, thereby further promoting the implementation of intelligent financial services.
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