US Stock Market Move | Due to the sharp rise of US stocks and the drive of Chinese New Year consumption, Lexinfintech Holdings Ltd. Sponsored ADR Class A (LX.US) rose by 8.54%.

On Friday (February 10th) at the close of the US stock market, driven by the general rise in US stocks and the approaching Chinese New Year holiday, China's leading new consumer digital technology service provider Lexinfintech Holdings Ltd. Sponsored ADR Class A (LX.US) rose by 8.54% to a closing price of $3.05, continuing its previous upward trend. The trading volume for the day was $4.0542 million, with trading volume continuing to increase. The US stock market closed higher on Monday, with technology stocks leading the gains and the Dow reaching a new all-time high. Across the three major indices, the Dow rose by 20.20 points, or 0.04%, to close at 50135.87 points; the Nasdaq rose by 207.46 points, or 0.90%, to close at 23238.67 points; and the S&P 500 rose by 32.51 points, or 0.47%, to close at 6964.81 points. The Nasdaq Golden Dragon China Index rose by 0.12%, with mixed performances among popular Chinese concept stocks: MDJM Ltd rose by 93.28%, ASE Technology Holding Co., Ltd. Sponsored ADR rose by 6.03%, VNET Group, Inc. Sponsored ADR rose by over 5%, XMotors.ai rose by over 3%, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR rose by 1.88%, while Trip.com Group Ltd. Sponsored ADR, Li Auto, Inc. Sponsored ADR Class A, and others experienced varying degrees of decline. Lexinfintech Holdings Ltd. Sponsored ADR Class A stood out among consumer Chinese concept stocks. Lexinfintech Holdings Ltd. Sponsored ADR Class A was established in August 2013 and is based in Shenzhen, China. It has always actively connected millions of young Chinese consumers with new consumer brands through its platforms, bridging online and offline consumption scenarios with the brand concept of "easy consumption, flexible turnover." In December 2017, Lexinfintech Holdings Ltd. Sponsored ADR Class A officially landed on the US Nasdaq.