Published on 23 Jul 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Significant control over Qudian by retail investors implies that the general public has more power to influence management and governance-related decisions43% of the business is held by the top 25 shareholders Insider ownership in Qudian is 29%
If you want to know who really controls Qudian Inc. (NYSE:QD), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are retail investors with 56% ownership. Put another way, the group faces the maximum upside potential (or downside risk).