Xi's Neighborhood Watch [Bloomberg Business News]
Qudian Inc. American Depositary Shares, each representing one Class A Ordinary Share (QD)
NASDAQ:AMEX Investor Relations:
ir.qudian.com
Company Research
Source: Bloomberg Business News
There's been a surge in consumer lending, particularly for mortgages. By Nisha Gopalan From Photographer: Xtock/Getty Images Houses are for living in, not for speculation, Chinese President Xi Jinping said last week. The trouble is, fueling this speculation has been a surge in consumer lending, not only by banks but also by fintech firms such as recently listed Qudian Inc. China's largest lenders are due to report third-quarter numbers this week and it's safe to say concerns over nonperforming loans have taken a backseat. Thanks to improved earnings and corporate debt that's souring at a slower rate, Chinese bank shares have rallied this year. Attractive dividend yields at the big four traded in Hong Kong -- China Construction Bank Corp., Industrial & Commercial Bank of China Ltd., Agricultural Bank of China Ltd. and Bank of China Ltd. -- have proved a magnet for
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QD
News
- Investors in Qudian (NYSE:QD) have seen respectable returns of 91% over the past year [Yahoo! Finance]Yahoo! Finance
- Qudian Files Its Annual Report on Form 20-FPR Newswire
- Qudian: The Best Outcome For Shareholders Is Liquidation Of The Company [Seeking Alpha]Seeking Alpha
- Qudian announces $300M buyback program [Seeking Alpha]Seeking Alpha
- Qudian Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
QD
Sec Filings
- 4/29/24 - Form 20-F
- 3/18/24 - Form 6-K
- QD's page on the SEC website