PDD Stock Recent News
PDD LATEST HEADLINES
PDD Holdings Inc. Sponsored ADR (PDD) closed at $116.75 in the latest trading session, marking a -1.44% move from the prior day.
The European Union accused Chinese-founded online shopping giant Temu on Monday of breaking the bloc's digital rules by not "properly" assessing the risks of illegal products.
Temu's attempts to weather U.S. tariffs are reportedly being hindered by Amazon. The Chinese eCommerce platform — owned by PDD — has been told by American companies that it cannot provide lower prices than Amazon on branded items, the Financial Times (FT) reported Sunday (July 27), citing two sources familiar with recent meetings.
Gatestone Institute senior fellow Gordon Chang discusses China purchasing Russian oil and the impact of President Donald Trump withdrawing the U.S. from UNESCO.
PDD Holdings' stock has seen double-digit gains YTD, indicating that despite challenges in its key markets and disappointing results, it has something going for it. A pickup in China's retail sales recently can certainly work in its favor, especially when potential demand loss from tariff increases in the U.S. needs to be balanced. The pullback in its profits also has a purpose, and that's to energize the platform with further investments and ensure long-term sustainability. Additionally, the stock's market multiples are also attractive.
PDD Holdings Inc. Sponsored ADR (PDD) closed the most recent trading day at $111.66, moving +2.44% from the previous trading session.
PDD Holdings Inc. Sponsored ADR (PDD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
PDD Holdings Inc. Sponsored ADR (PDD) reached $102.41 at the closing of the latest trading day, reflecting a -2.38% change compared to its last close.
Investing in Chinese stocks is challenging due to the mix of good (fundamentals), bad (headwinds such as tariffs), and ugly (data gap). I hold a bearish bias on the Chinese market, rating the triple bear ETF YANG as HOLD. YANG can be used as a hedging tool to navigate current uncertainties. YINN/YANG dual-play is a "blackbox" approach to lower volatility. Option-writing on both ETFs may generate income in a safer way.
In the latest trading session, PDD Holdings Inc. Sponsored ADR (PDD) closed at $106.31, marking a +1.01% move from the previous day.