FinVolution

The company is making incredible profits with net income jumping 41% this quarter. They use artificial intelligence to pick good borrowers, so they lose very little money on bad loans. This smart approach means they keep more of every dollar they make compared to regular banks.

While their main business in China is steady, they're expanding super fast in other countries like Indonesia and the Philippines. International revenue shot up 62% this year, and these new markets have way more room to grow than China does.

Most of their money still comes from China, where the government keeps changing the rules about lending. The Chinese part of their business barely grew at all this quarter, and stricter regulations could hurt their profits or even shut down parts of their business.

When people can't pay back their loans, FinVolution has to cover the losses for the banks. They're responsible for about 10 times more money in loans than they actually own, so if lots of people stop paying back loans at once, the company could lose massive amounts of money.