B. Pisani, Reporter, CNBC: This IPO Has Access to Something Everyone Wants - The...

Oct 2017
China, October, 18 2017 - Global investors want access to the Chinese consumer, but there are not many opportunities to get that access. Qudian, an online microlender which debuted to much fanfare at the NYSE Wednesday, fills that need. Microlenders are leapfrogging traditional Chinese banks, just like cell phone companies have jumped past traditional land line phone companies in developing countries.

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Source : CNBC

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