US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.

On Friday (February 7), the US stock market closed, impacted by various driving factors including the general rise in US stocks, the arrival of the Spring Festival holiday, multiple departments issuing supporting documents for consumption, and the upcoming release of 2025Q4 performance. Lexinfintech Holdings Ltd. Sponsored ADR Class A (LX.US), a leading digital technology service provider in the new consumption sector in China, rose by 6.04% to a closing price of $2.81 per share, with a daily trading volume of $4.042 million. On the capital market front, influenced by the rise in all three major US stock indexes, the Dow Jones Industrial Average surpassed the 50,000 point mark for the first time. At the close, the Dow rose by 2.47% to 50,115.67 points, the Nasdaq rose by 2.18% to 12,031.21 points, and the S&P 500 rose by 1.97% to 6,932.30 points. Chinese concept stocks continued their strong performance on Friday, with the Nasdaq Golden Dragon China Index up by 3.71% and the WinTech Chinese Technology Leaders Index up by 2.90%. VNET Group, Inc. Sponsored ADR rose by over 10%, LUFAX rose by about 10%, Hesai Group Sponsored ADR and Xiaoma Zhixing rose by over 9%, GDS Holdings Ltd. Sponsored ADR Class A rose by nearly 9%, NIO Inc. Sponsored ADR Class A rose by over 7%, and TAL Education Group Sponsored ADR Class A rose by over 6%. The significant increase in the stock price of Lexinfintech Holdings Ltd. Sponsored ADR Class A was mainly influenced by multiple departments, including the central bank, issuing joint supporting documents for finance and new consumption, and overall low valuation. Recently, the Ministry of Commerce, the People's Bank of China, and the China Banking and Insurance Regulatory Commission jointly issued a notice on "Strengthening Business and Financial Collaboration to Stimulate Consumption with Greater Intensity," introducing 11 policy measures in areas such as consumer goods and new consumption. Subsequently, the Ministry of Commerce, the China Banking and Insurance Regulatory Commission, and 9 other departments released the "2026 Happy Spring Festival" special event plan, aiming to further stimulate holiday consumption vitality by increasing financial support during the Spring Festival. In terms of scenes and ecology, under the coordination and enhancement of various abilities, such as installment e-commerce, personal consumer credit, inclusive finance, digital technology, and overseas services, under Lexinfintech Holdings Ltd. Sponsored ADR Class A, Wuxi Online Offline Communication Information Technology Co., Ltd.'s scenes were fully integrated. As China's first installment shopping platform, Lexinfintech Holdings Ltd. Sponsored ADR Class A's installment shopping mall quickly expanded its layout for the New Year's festival and "billions of interest subsidies" activities, stimulating online installment consumption demand, optimizing inclusive financial services in counties, and promoting the development of micro-enterprises in counties and rural areas to cultivate consumption power. Looking into it further, focusing on the core elements of real transactions and physical fulfillment, the installment malls in the market present different business models, mainly divided into two categories: those with a developm...