China’s consumer lender Qudian raises $900m in U.S. IPO

Pedestrians walk past the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Aug. 18, 2017. Photographer: Michael Nagle/Bloomberg

Qudian Inc., a Chinese online loan provider, raised $900 million in its initial public offering, the fourth-biggest U.S. share sale so far this year.

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