U.S. stock movement | Lexin(LX.US) rises another 5.14%. On June 3rd, it will pay a dividend of $0.188 per share.

Zhitong Finance APP learned that on Thursday in the U.S. Eastern Time (April 2), U.S. stocks closed, driven by factors including valuation being at a low level and the approaching ex-dividend and ex-rights date. China’s leading digital consumer technology services provider, Lixin (LX.US), rose 5.14%, closing at $2.28, extending the prior upward trend; on the day, trading volume was $3.3673 million, and turnover continued to expand.

This is the second time in the past three trading days that Lixin has seen a 5% rise. After-hours data also shows Lixin rose another 1.33% after hours, closing at $2.28.

Affected by the Middle East situation that has tightened tensions and pushed oil prices higher, market sentiment has turned tense. The three major U.S. stock indexes closed with mixed performance. After a sharp intraday drop, losses narrowed. As of the close, the Dow Jones fell 0.13%, the Nasdaq rose 0.18%, and the S&P 500 index rose 0.11%.

Popular Chinese concept stocks closed mixed. The Livelmore China concept stock benchmark index fell 0.72%. Tencent Holdings ADR, JD.com, and Alibaba fell by more than 1%. Bawangchaji rose by more than 10%, while NIO and Trip.com rose by more than 1%.

Spurred by the spillover from previous industry regulatory policies, the fintech sector among Chinese concept stocks has collectively fallen over the recent period, and Lixin has been more or less unable to escape. However, institutions believe that cash policy has become clearer, and risks have been fully released. Lixin’s current share price has not yet fully reflected its growth potential.

Another point worth noting is that April 24 is Lixin’s ex-dividend and ex-rights date. Lixin will pay a dividend of $0.188 per share on June 3. When it released its full-year results at the end of March, Lixin announced it would continue and strengthen its high proportion dividend policy, with a payout ratio of about 30% of net profit—this marks the third time in the past two years that Lixin has increased shareholder returns.

Based on calculations, for full-year 2025, Lixin’s dividend per share amounts to $0.382, which is more than double the previous year’s $0.182.

Financial report data shows Lixin’s earnings resilience is evident. In 2025 Q4, its net profit attributable to shareholders reached RMB 299 million, and full-year net profit was RMB 2.216 billion. Lixin’s cash position in 2025 (including cash, cash equivalents, and restricted cash) is about RMB 4.0 billion. Shareholders’ equity remains solid at around RMB 12.0 billion, providing the strongest foundation to support continued dividends and an increase in payout ratio.

Lixin was founded in August 2013 and has been rooted in Shenzhen, China. Over the years, it has actively connected broad online and offline consumer scenarios through its platforms, using the brand philosophy of “easy consumption, flexible turnover” to link hundreds of millions of young consumers in China with new consumer brands. In December 2017, Lixin officially listed on the Nasdaq in the United States.