PDD Regulatory Scrutiny: Opportunity or Falling Knife Below $100?
PDD Holdings extended losses as China deepened its regulatory probe. Authorities have dispatched over 100 investigators to PDD’s Shanghai headquarters, examining alleged issues ranging from fraudulent deliveries to tax compliance. PDD have now fallen for six straight sessions, down more than 12% since Jan 8, as investors reassess regulatory and execution risk.
After a six-day slide, is PDD’s sell-off pricing in worst-case regulatory outcomes?
How disruptive could prolonged investigations be to PDD’s growth and margins in 2026?