{"id":3361,"date":"2017-11-03T16:00:57","date_gmt":"2017-11-03T20:00:57","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3361"},"modified":"2017-11-03T16:01:45","modified_gmt":"2017-11-03T20:01:45","slug":"ppdai-group-inc-ppdf-ipo-preview","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ppdai-group-inc-ppdf-ipo-preview\/","title":{"rendered":"PPDAI Group Inc (PPDF) #IPO Preview"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-3.57.54-PM.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3362\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-3.57.54-PM.png\" alt=\"PPDAIGroupLogo\" width=\"156\" height=\"78\" \/><\/a><\/p>\n<p>Company: <strong>PPDAI Group Inc.<\/strong><br \/>\nSymbol: PPDF<br \/>\nDescription: They are a leading online consumer finance marketplace in China with strong brand recognition.<br \/>\nShares: 17 million ADSs<br \/>\nPrice Range: $16.00-$19.00<br \/>\nTrade Date: 11\/10<br \/>\nUnderwriter(s): Credit Suisse, Citigroup<br \/>\nCo-Manager(s): Keefe Bruyette &amp; Woods<br \/>\nFiled 10-30-17<\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1691445\/000119312517325077\/d285990df1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>:\u00a0They\u00a0were ranked No.1 among China\u2019s online consumer finance marketplaces in terms of number of borrowers as of December\u00a031, 2016 and June\u00a030, 2017, according to iResearch. Launched in 2007, they are the first online consumer finance marketplace in China connecting borrowers and investors, whose needs are unserved or underserved by traditional financial institutions, according to iResearch. As of June 30, 2017, they had over 48\u00a0million registered users. As a pioneer in China\u2019s online consumer finance marketplace market, they benefit from both\u00a0their\u00a0early-mover advantages and the invaluable data and experience accumulated throughout multiple complete loan lifecycles.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-4.00.18-PM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3363\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-4.00.18-PM.png\" alt=\"PPDAIFinancials\" width=\"1808\" height=\"618\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-4.00.18-PM.png 1808w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-4.00.18-PM-600x205.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-4.00.18-PM-300x103.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-4.00.18-PM-1024x350.png 1024w\" sizes=\"(max-width: 1808px) 100vw, 1808px\" \/><\/a><\/p>\n<p>Financial Sector Performance: IPOs in 2017<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-10.55.01-AM.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3328\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-10.55.01-AM.png\" alt=\"FinancialIPOs11032017\" width=\"1029\" height=\"289\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-10.55.01-AM.png 1029w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-10.55.01-AM-600x169.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-10.55.01-AM-300x84.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-03-at-10.55.01-AM-1024x288.png 1024w\" sizes=\"(max-width: 1029px) 100vw, 1029px\" \/><\/a><\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the bkost critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website.<\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: PPDAI Group Inc. Symbol: PPDF Description: They are a leading online consumer finance marketplace in China with strong brand recognition. Shares: 17 million ADSs Price Range: $16.00-$19.00 Trade Date: 11\/10 Underwriter(s): Credit Suisse, Citigroup Co-Manager(s): Keefe Bruyette &amp; Woods Filed 10-30-17 Link to S-1\/A Prospectus Link to Retail Roadshow Business:\u00a0They\u00a0were ranked No.1 among China\u2019s[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1405],"class_list":["post-3361","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-ppdf"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3361"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3361\/revisions"}],"predecessor-version":[{"id":3365,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3361\/revisions\/3365"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}