BUZZ-Chinese fintech Jiayin dips after <a href="https://laohu8.com/S/QTWO">Q2</a> costs surge** Shares of Chinese fintech Jiayin Group JFIN.O down about 1.38% at $12.84 premarket
** JFIN's Q2 general and administrative expense soared 70% from a year earlier, driven by increase in payroll expenses and share-based compensation
** Reports Q2 loan facilitation volume of 37.1 bln yuan ($5.17 bln), up from 24 bln yuan reported in Q2 of 2024
** Co reiterates 2025 loan facilitation volume forecast to be between 137 bln yuan and 142 bln yuan
** YTD, stock has risen 101.57%
($1 = 7.1762 Chinese yuan renminbi)
(Reporting by Krisha Bhatt)
((Krisha.Bhatt@thomsonreuters.com;))
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