PDD is the perfect example of how Chinese stocks can still deliver for investors
$PDD Holdings Inc(PDD)$ is the perfect example of how Chinese stocks can still deliver for investors. It found a way to keep growing both at home (Pinduoduo) and abroad (Temu).
It's the $NVIDIA Corp(NVDA)$ of China equities right now, attracting most of the funds due to its superior growth and earnings quality. Up 8X more than $KraneShares CSI China Internet ETF(KWEB)$ over the past year.
To think it doesn't even trade in Hong Kong but only has a US-listed ADR.
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https://x.com/BrianTycangco/status/1795826596299051162
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