PDD: The Future is Still Promising!

mizzmo
10-09

$PDD Holdings Inc(PDD)$ $Alibaba(BABA)$ $Baidu(BIDU)$ $BILIBILI-W(09626)$ A tug of war between the bears and the bulls. Increased volatility is expected but a few things are certain:

1. The Chinese authorities will do whatever it can to support the economy. They have openly announced it and it shall be done.

2. More economic stimulus is forthcoming.

3. Fed will continue to lower interest rates to avert a hard landing

4. This gems will continue to be profitable and more so with all the economic stimuli.

5. Chinese equities have in general bottomed up and the trend is up from here. Weak holders and the fearful will be weeded out along the way. The patient and those with holding power will be richly rewarded!

The best is yet to come.[Smart][Smart][Smart]

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