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Qifu Technology Refutes Short Seller Claims

Qifu Technology Refutes Short Seller Claims

360 DigiTech, Inc. Class A (HK:3660) has released an update.

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Qifu Technology, Inc. has issued a strong rebuttal to a report by short seller Grizzly Research, defending its financial data and operational decisions. The company asserts that the accusations in the report are baseless, highlighting discrepancies due to different accounting standards and their continued robust cash flow and shareholder return. Qifu Technology emphasizes its solid financial performance and operational efficiencies, such as the strategic consolidation of its Shanghai offices.

For further insights into HK:3660 stock, check out TipRanks’ Stock Analysis page.

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