Why Is $PDD Such a Beast?
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.
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