Qudian reported disappointing earnings for the first quarter of 2020 with increased regulations and the pandemic affecting their business.
The rate of delinquency peaked in mid-February, about the same time, when Covid-19 peaked in China. Right now, it seems that the D1 delinquency rate has stabilized around 20%.
Is Qudian still a good investment?
Read the full analysis on my research partnership: https://ishfaaqpeerally.teachable.com/courses/662813/lectures/17492498