Tiger_huat
08-26

PDD Holdings has just released its Q2 2024 financial results, showing impressive growth. Here are some key highlights:

Total revenues: RMB 97,059.5 million (approx. USD 13,355.8 million), an increase of 86% from the same quarter last year1.

Operating profit: RMB 32,564.5 million (approx. USD 4,481.0 million), up 156% year-over-year1.

Net income: RMB 32,009.4 million (approx. USD 4,404.6 million), a 144% increase from the previous year1.

Looking ahead, PDD Holdings plans to focus on high-quality development and building a sustainable ecosystem. This includes investing heavily in platform trust and safety, supporting high-quality merchants, and improving the merchant ecosystem. Definitely is good chance to buy under $100

US-China Dialogue: Is a Spring Coming for China Stocks?
On the 16th, Trump stated that the US and China working together could solve all the world's problems. He made this remark during a press conference at Mar-a-Lago in Florida. "China and the US can solve all the world's problems together. Think about it, it's important," Trump said. Following the news, both Hong Kong and Chinese stocks saw slight gains. Do you believe in a bullish New Year rally for Chinese stocks?
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