Chinese Fintech Qudian Sees Shares Surge After IPO

Shares of Qudian surged almost 48 percent on the first day of trading; the share offering raised about $900mn, making it the largest Chinese listing in the US this year; reaching as high as $35.45 the company ended the day at $29.86; Qudian extends loans to millennials and students for small ticket items like smartphones or concert tickets. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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