Brief News: LexinFintech completes business adjustment, third-quarter revenue declines while profit rises
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LexinFintech's revenue in the third quarter decreased by 6.7% year-on-year to 3.42 billion yuan, but profit increased significantly by 68.4% year-on-year to 521 million yuan. The company has completed business adjustments to comply with new regulatory requirements. Starting from October 1, 2025, the annualized interest rate for newly issued loans will be set at or below 24%. After the earnings report was released, LexinFintech's stock price rose by 8.2% to $3.78
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