Why Is $PDD Such a Beast?

BrianTycangco鄭彥渊
10-23

Three easy-to-understand charts as to why $PDD Holdings Inc(PDD)$ is such a beast and explains why $BlackRock(BLK)$ upped its stake to 33m ADR shares from 29m in 2Q24.

In hindsight, that snafu by management during the 2Q24 earnings call created a buying opportunity that we may not see again.

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Wow! 🤩 More stock market support from China’s government institutions. Like I said, China is looking at the stock market differently this time around and taking into consideration the market when announcing policies to boost overall confidence.

Major Meeting: Can China Stocks Soar Again?
The Standing Committee of the National People's Congress of China will convene a meeting on November 4. It is widely expected that significant fiscal stimulus policies will be announced. Analysts believe that the outcome of the US presidential election could influence the scale of these policies. If Trump is elected, the scale of the stimulus may increase by 10% to 20% compared to the current plan. ------------------ Are you bullish on China's policies or not? Will the stimulus policy come as estimated?
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