Jiayin Technology (JFIN.US) rose over 7% year-to-date, up over 52% for the year.
On Wednesday, jiaxin technology (JFIN.US) rose more than 7% to close at US$9.72; the stock has risen more than 52% since 2025. On February 16, 2025, Pan Gongsheng, Governor of the People's Bank of China, was invited to attend the Emerging Market Seminar hosted by the International Monetary Fund (IMF) and Saudi Arabia and delivered a keynote speech. Pan Gongsheng highlighted that since late September last year, the Chinese government has launched a package of incremental policies, effectively boosting social confidence and economic recovery. 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 good momentum. 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 Jiaxin Technology and other fintech companies.
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