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Qudian, Yiren Digital push into the green

Mar. 09, 2020 1:05 PM ETQudian Inc. (QD) Stock, KWEB, CHIX, CQQQ, CWEB, CHIK, YRD StockCQQQ, CHIX, KWEB, YRD, CWEB, QD, CHIKBy: Liz Kiesche, SA News Editor4 Comments
  • While most of U.S. financial companies' stocks swim in the red today, two U.S.-listed Chinese fintech firms are firmly in positive territory.
  • Qudian (QD +4.5%) and Yiren Digital (YRD +2.7%) are both rising. Granted, they're both near 52-week lows and have suffered dramatic sell-offs recently.
  • Qudian has dropped 73% in the past six months, while Yiren Digital lost 54% during the same period.
  • ETFs focusing on Chinese financial or tech companies aren't gaining in today's session, though — KraneShares CSI China Internet ETF (KWEB -3.1%), Global X MSCI China Financials ETF (CHIX -3.3%).
  • ETFs: KWEB, CQQQ, CHIX, CWEB, CHIK

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