4.081700 USD
0.0933
2.34%
Last update May 30, 4:29 PM BST
Market closed
Day range
3.95100
4.10830
Previous close
3.98840
Open
3.95100
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Qudian Inc. Sponsored ADR
4.08
0.09
2.34%

Overview

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Description

Qudian Inc. Sponsored ADR is a financial instrument representing the shares of Qudian Inc., a Chinese company, on a U.S. stock exchange. This type of asset, known as an American Depositary Receipt (ADR), allows investors to invest in foreign companies without dealing with cross-border trading complexities. Qudian Inc. is a prominent fintech company focusing on providing small cash credit products, mainly targeting young, mobile-active consumers in China. By leveraging data and technology, Qudian offers quick and efficient lending solutions through its digital platforms, thereby addressing market gaps in traditional banking services. The company plays a significant role in the financial technology sector, contributing to increased financial inclusion in China. The ADR format increases Qudian's accessibility to an international pool of investors, broadening their investment base and enhancing liquidity. Through this vehicle, investors can gain exposure to the burgeoning Chinese fintech landscape, marked by rapid digital transformation and extensive consumer reach. Overall, Qudian Inc. Sponsored ADR symbolizes a fusion of Eastern market potential and Western capital markets infrastructure.

About

CEO
Mr. Min Luo
Employees
215
Address
Tower A
AVIC Zijin Plaza Siming District
Xiamen, 361000
Phone
86 59 2591 1580
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Credit Services
Country
United Kingdom
MIC code
XLON
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