Qudian Inc.'s (NYSE:QD) Last Week's 9.2% Decline Must Have Disappointed Individual Investors Who Have a Significant Stake

Key Insights The considerable ownership by individual investors in Qudian indicates that they collectively have a greater say in management and business strategy 43% of the business is held by the t

Simply Wall StApr 18 06:42 ET

Asian Equities Traded in the US as American Depositary Receipts Nudge Higher in Friday Trading, End Week Lower

Asian equities traded in the US as American depositary receipts were trending slightly higher Friday morning, rising 0.30% to 1,874.85 on the S&P Asia 50 ADR Index. Despite the gain, the index is pois

MT NewswiresApr 5 11:08 ET

Asian Equities Traded in the US as American Depositary Receipts Rebound in Early Wednesday Trading

Asian equities traded in the US as American depositary receipts rebounded Wednesday morning, erasing earlier losses, with the S&P Asia 50 ADR Index up 0.31% to 1,882.05. From North Asia, the gainers w

MT NewswiresApr 3 10:33 ET

Sector Update: Financial Stocks Rise Late Afternoon

Financial stocks advanced in late Monday afternoon trading with the NYSE Financial Index adding 0.4% and the Financial Select Sector SPDR Fund (XLF) ahead 0.6%. The Philadelphia Housing Index eased 0.

MT NewswiresMar 18 15:46 ET

Express News | Qudian Shares Are Trading Higher After the Company Announced a Share Repurchase Program of up to $300 Million and Reported Q4 Financial Results

Moomoo 24/7Mar 18 08:41 ET

Qudian (QD.US) Q4 revenue fell 60% year on year and announced a $300 million repurchase plan

Zhitong Finance learned that Qudian (QD.US) announced financial results for the fourth quarter of 2023. According to the data, Q4 revenue was 63.8 million yuan (RMB, same below), a year-on-year decrease of 60%. Net loss was $117 million, compared to net profit of $490 million for the same period last year. The loss of basic and diluted US stocks was $0.57, compared with earnings of 2.07 yuan per share for the same period last year. As of December 31, 2023, the company's cash and cash equivalents were $7.207.3 billion, and restricted cash was $59.4 million. Additionally, Qudian authorized a share repurchase program under which the company can start at 2

Zhitong FinanceMar 18 08:00 ET