China Rapid Finance Limited American Depositary Shares, each representing one Class A Ordinary Share (XRF) News
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Latest XRF News From Around the Web
Below are the latest news stories about China Rapid Finance Ltd that investors may wish to consider to help them evaluate XRF as an investment opportunity.
China Rapid Finance Announces Name Change to SOS Ltd. and Ticker Change to "SOS"SOS Limited, (NYSE: SOS) (formerly China Rapid Finance Limited, the "Company") announces the approval from shareholders at the 2020 Annual Meeting of Shareholders of the proposal to change the Company's name to SOS Limited. The Company also announces the relocation of its headquarters to Qingdao City, Shandong, China. |
China Rapid Finance changes its NYSE ticker symbol to "SOS"China Rapid Finance Limited (XRF) will start trading under its new NYSE ticker 'SOS' on July 20, 2020, highlighting emergency rescue services business The company's also intends to change its name to SOS Limited, which is pending approval at the annual general meeting of shareholders to be held on July... |
China Rapid Finance Announces Change of its NYSE Ticker Symbol to "SOS" to Highlight Emergency Rescue Services BusinessChina Rapid Finance Limited (NYSE: XRF) (the "Company") today announced that the Company's ticker symbol on the New York Stock Exchange will change from "XRF" to "SOS," effective at the start of trading on July 20, 2020. |
XRF leads financial gainers, DNJR and LMFA among losersGainers: China Rapid Finance (XRF) +54%. Jupai Holdings (JP) +14%. Qudian (QD) +11%. Futu Holdings (FUTU) +10%. Yiren Digital (YRD) +10%.Losers: Broadway Financial (BYFC) -18%. Golden Bull (DNJR) -14%. LM Funding America (LMFA) -14%. OptimumBank Holdings (OPHC) -12%. Dragon Victory International (LYL) -10%.... |
A Look Into China Rapid Finance's Price Over EarningsLooking into the current session, China Rapid Finance Inc. (NYSE: XRF) shares are trading at $3.95, after a 59.12% increase. Moreover, over the past month, the stock increased by 207.82%, but in the past year, fell by 22.94%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently above from its 52 week low by 1693.73%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Credit Services stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, ... |
XRF leads financial gainers, JRJC and SIEB among losersGainers: China Rapid Finance (XRF) +39%. Dragon Victory International (LYL) +19%. Ashford (AINC) +17%. Great Elm Capital (GECC) +13%. MoneyGram International (MGI) +12%.Losers: Wins Finance Holdings (WINS) -36%. China Finance Online (JRJC) -17%. OptimumBank Holdings (OPHC) -15%. Jupai Holdings (JP) -13%. Siebert Financial (SIEB) -8%.... |
China Rapid Finance Announces Completion of Asset Injection with YBT/SOS and Private Placement with Cash Investors -- Paves the Way to Growth and ProfitabilityChina Rapid Finance Limited (NYSE: XRF) (the "Company") today announced the closing of the asset injection and private placement transactions on May 15, 2020. Upon closing of the transactions, Yong Bao Two Ltd. ("YBT"), a holding company that controls SOS Information Technology Co., Ltd. ("SOS") via contractual arrangements now becomes a wholly owned subsidiary of the Company. |
China Rapid Finance Enters into Agreements with YBT/SOS and Investors to Create A More Diversified BusinessChina Rapid Finance Limited (NYSE: XRF) (the "Company") today announced the execution of a set of agreements (the "Agreements") on May 5, 2020 with Yong Bao Two Ltd. ("YBT"), the parent company of SOS Information Technology Co., Ltd. ("SOS") via a variable interest entity ("VIE"), the shareholders of YBT ("YBT Shareholders"), eight sophisticated investors introduced by YBT (the "Purchasers," collectively with the YBT Shareholders as the "Investors") and True North Financial, LLC ("True North"). |
China Rapid Finance Announces Appointment to Strengthen LeadershipChina Rapid Finance Limited ("XRF" or the "Company") (NYSE: XRF), a fintech company in China, today announced its Vice President of Finance Mr. Hao (Kevin) Chen, has completed his planned onboarding and was appointed as Chief Financial Officer of the Company. Mr. Chen was also appointed as a Board member of the Company's Board of Directors. Mr. Steven Foo, the Company's former CFO, assisted with the onboarding transition as part of the Company's 2019 organizational plans. Mr. Foo will redirect his focus to new business development. |
China Rapid Finance Executed a Letter of Intent With SOS Health Rescue Services to Acquire Control of XRF Through a Merger and Asset InfusionChina Rapid Finance Limited (NYSE: XRF) today announced it has reached a non-binding letter of intent on investment and cooperation with SOS Health Rescue Services Ltd. ("SOS"). Subject to due diligence and other conditions, the parties may enter into a merger or similar transaction in which SOS or its stockholders will own a controlling interest of the outstanding equity in XRF. The transaction is subject to numerous conditions and there is of course no assurance that such a transaction will be consummated on the terms and timeline indicated. |