X Financial (XYF) amendment: Nexus and Fung report zero holdings
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
X Financial amendment to a Schedule 13G/A reports that the filing is being made on behalf of Nexus Special Situations Fund SPC and Fung Yu Wai David and that neither Reporting Person beneficially owns any Class A Ordinary Shares. The statement lists 0 shares and 0% ownership and includes CUSIP 98372W202.
Positive
- None.
Negative
- None.
Key Figures
Amount beneficially owned: 0 shares
Percent of class: 0%
CUSIP: 98372W202
+3 more
6 metrics
Amount beneficially owned
0 shares
Schedule 13G/A amendment
Percent of class
0%
Ownership reported in Item 4
CUSIP
98372W202
Class A Ordinary Shares identifier
Par value
$0.0001 per share
Class A Ordinary Shares stated par value
Signature date
05/01/2026
Date signed by reporting person
Document date reference
03/31/2026
Date shown near header
Key Terms
Schedule 13G/A, Reporting Person, Beneficially owns
3 terms
Schedule 13G/A regulatory
"This amendment to is being filed to report that neither of the Reporting Persons"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Reporting Person regulatory
"This statement is filed on behalf of: Nexus Special Situations Fund SPC Fung Yu Wai David"
Beneficially owns regulatory
"neither of the Reporting Persons beneficially owns any Ordinary Shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
What does X Financial's (XYF) Schedule 13G/A amendment state?
The amendment states that Nexus Special Situations Fund SPC and Fung Yu Wai David beneficially own 0 shares of Class A Ordinary Shares and report 0% ownership, referencing CUSIP 98372W202. The filing lists the reporting parties and their business address.
Who are the reporting persons named in the XYF filing?
The filing is reported on behalf of Nexus Special Situations Fund SPC (Cayman Islands) and Fung Yu Wai David (Hong Kong). The principal business address given is 10/F, No. 8 Queen's Road Central, Hong Kong.
Does the XYF amendment disclose any beneficial ownership amount?
No; the amendment explicitly reports that neither Reporting Person beneficially owns any Class A Ordinary Shares, listing the amount beneficially owned as 0 shares and percent of class as 0%.
What class and CUSIP are referenced in the XYF Schedule 13G/A?
The filing references Class A Ordinary Shares, par value $0.0001 per share with CUSIP 98372W202. That class and CUSIP are used to identify the securities covered by the ownership statement.
When was the Schedule 13G/A amendment signed for XYF?
The amendment shows signature dates of 05/01/2026 by Fung Yu Wai David, indicating the filing was executed on that date as the attesting signature for the reporting persons.