New York, New York--(Newsfile Corp. - November 12, 2026) - Investors who suffered losses on Qfin Holdings, Inc. ("Qfin" or the "Company") (NASDAQ: QFIN) stock may have claims to recover those losses. Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors that a federal securities class action has been filed on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Qfin securities between March 18, 2026 and August 25, 2026, inclusive (the "Class Period"). Investors who wish to serve as lead plaintiff must move the Court no later than November 30, 2026.

Investors with losses on Qfin securities can contact Faruqi & Faruqi partner Josh Wilson about the Qfin class action to learn about their legal rights and options.

Key facts for Qfin investors

• Class Period: between March 18, 2026 and August 25, 2026

• Lead plaintiff deadline: November 30, 2026

• Disclosure: August 25, 2026

• Stock drop: $2.18 per share, or 18.91%

What happened?

On August 25, 2026, after the market closed, Qfin released its second quarter 2026 financial results. Among other items, the Company reported that total net revenue fell 31.6% year-over-year to RMB 3.57 billion, significantly missing consensus estimates. Furthermore, net income plummeted 76.8% year-over-year, heavily impacted by an unexpected RMB 500 million tax expense. Management also issued disappointing forward guidance, projecting a 67% to 73% year-over-year drop in Q3 non-GAAP net income due to rising funding costs and systemic liquidity shocks in the Chinese consumer credit market. On this news, Qfin's American Depositary Receipt ("ADR") price fell $2.18 per ADR, or 18.91%, to close at $9.35 per ADR on August 26, 2026.

"Qfin stock fell 18.91% on August 26, 2026 after the August 25, 2026 disclosure described in the complaint. The complaint alleges that investors bought Qfin shares during the Class Period without the full picture," said Josh Wilson, a partner at Faruqi & Faruqi, LLP.

What does the complaint allege?

The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Defendants had overstated the resiliency and stability of Qfin's business and financial results despite regulatory changes; (2) Defendants likewise downplayed the true scope and severity of the negative impact that regulatory headwinds were likely to have, and were already having, on the Company's business and financial results; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

Next steps for Qfin investors

Faruqi & Faruqi, LLP is reviewing potential claims on behalf of Qfin investors. Investors with losses can visit www.faruqilaw.com/QFIN or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss the Qfin class action.

If you wish to serve as lead plaintiff, you must move the Court no later than November 30, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Common questions from Qfin investors

Who is eligible? Investors who purchased or otherwise acquired Qfin securities between March 18, 2026 and August 25, 2026 and lost money may have claims, and can contact the firm to learn whether the Qfin class action affects them.

What is a securities class action? A lawsuit brought on behalf of a group of investors who bought shares at prices alleged to have been inflated by false or misleading statements, in violation of the federal securities laws. The Qfin class action alleges that the Company and its executives made such statements.

Has a lawsuit been filed? Yes. A federal securities class action has been filed against Qfin. Investors who wish to serve as lead plaintiff must move the Court by November 30, 2026. Investors who do nothing remain absent class members, and serving as lead plaintiff is not required to share in any recovery.

Does it cost anything to contact the firm? No. Investors who purchased Qfin securities during the Class Period may contact Faruqi & Faruqi, LLP to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Whistleblower notice

Faruqi & Faruqi, LLP also encourages anyone with information regarding Qfin's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. Individuals with original information may also consider the SEC Whistleblower Program, which can award whistleblowers 10 to 30 percent of the monetary sanctions collected in a successful SEC enforcement action when those sanctions exceed $1 million.

About Faruqi & Faruqi, LLP

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

Related links

• Qfin class action, Faruqi & Faruqi, LLP

• Qfin Holdings, Inc. SEC filings index, EDGAR

• SEC Whistleblower Program

• Faruqi & Faruqi, LLP

Follow us for updates on LinkedIn, on X, or on Facebook.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/323585

Source: Faruqi & Faruqi LLP