4.080000 USD
0.12
3.03%
Last update Dec 12, 3:59 PM EST
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Day range
3.96000
4.12000
Previous close
3.96000
Open
3.96000
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Qudian Inc. Sponsored ADR
4.08
0.12
3.03%

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
262
Address
Building 1 Qudian Innovation Park
Meilin Street Tongan District
Xiamen, 361000
Phone
86 592 596 8208
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Credit Services
Country
United States
MIC code
XNYS
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