The Digital Source For China's Tech Innovation Since 2000

Search
Close

Chinese Fintech Company Eyes IPO In U.S.

September 25, 2017
Business

Chinese fintech company Qudian.com has submitted its prospectus for an initial public offering to the U.S. Securities and Exchange Commission and it aims to raise up to USD750 million.

The prospectus reveals that Qudian.com will be listed on New York Stock Exchange with stock code "QD".

Over a three-month period ended March 31, 2017, Qudian.com realized total trading value of about CNY16.7 billion, which was about USD2.4 billion, covering 4.8 million active online borrowers.

Morgan Stanley, Credit Suisse, Citigroup, China International Capital Corporation Limited, UBS Investment Bank, Stifel Nicolaus & Company, and Needham & Company are underwriters to the offering.

Qudian.com plans to use the raised capital for strategic acquisitions, marketing, and borrower engagement.

Tags: bank | China International Capital Corporation | CICC | Citigroup | Credit Suisse | finance | fintech | initial public offering | ipo | loan | NYSE | organ Stanley | Qudian.com | SEC | Securities and Exchange Commission | UBS | USA

Other Related News:

In Brief: Shares Can Outrun Inflation, E-Commerce, China, Mortgages & REITs

November 26, 2021

China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown

May 19, 2022

Global Ferulic Acid (CAS 1135-24-6) Market 2019 – App Chem-Bio, Yuansen, Shanghai Bettersyn Biotech, Oryza

November 6, 2021

China makes a comeback in the Bitcoin mining scene ChinaPulse.com China News, Data, Media Intelligence and Insights

May 19, 2022

SEC Steps Up Chinese IPO Reporting Rules

August 25, 2021

Chinese Internet Travel Revenue Increases For eLong.com

March 4, 2010

Bitcoin Tops $50k, Erases China/SEC FUD Losses – Bitcoin is officially the best-performing asset of 2021, data now confirms…

October 6, 2021

KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Shares Acquired by Lake Street Financial LLC WKRB News

November 17, 2021

Vivo X70 series and Y21 series smartphones go on sale simultaneously in Taiwan-Mobile Brand News

October 2, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....