Shyon
2023-11-29

I looks good with Chinese ADRs for mid term investment. Among the stocks listed above, I prefer PDD the most. In the third quarter of 2023, PDD Holdings experienced a significant increase in total revenue, outpacing consensus estimates by a considerable margin. This growth is attributed to a clear trend of consumption upgrades among users on PDD platform, along with the company commitment to a high-quality development strategy that harmonizes quality with price. Additionally, PDD Holdings has shown a strategic focus on investing in user subsidies and direct price reductions, which has contributed to their robust revenue performance, particularly in transaction services which surged impressively year over year. Therefore it will be a bullish vote to$Pinduoduo Inc.(PDD)$ Bullish. 

As the stocks market is recovering and Chinese companies are doing great in the recent earnings result, and since most of them are undervalued right now, I do have a bullish vote on the Chinese companies like $Alibaba(BABA)$ $Bilibili Inc.(BILI)$ $JD.com(JD)$ $Baidu(BIDU)$ Bullish. How do you think?

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Comments

  • zippyzo
    2023-12-04
    zippyzo

    PDD is indeed a company worth investing in

    • Shyon
      It is growing fast according to the latest earnings.
  • wavyloo
    2023-12-04
    wavyloo

    PDD’s current fundamentals are getting better and better

    • Shyon
      Fully agree with you, it's really strong.
  • twinkle5
    2023-12-04
    twinkle5

    Going long PDD is definitely not a wrong choice

    • Shyon
      I believe this is a good choice in mid term.
  • Shyon
    2023-11-30
    Shyon
    [Miser] [Miser] [Miser] [Miser] [Miser]
    • Shyon
      [Great] [Great] [Great] [Great]
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