To The Moon

Chinese Stocks suffers this year in secondary market, esp those growth technology stocks. Under pressure of strong dollar, global inflation and recession, it's not the growths' aage.$Bilibili Inc.(BILI)$ is a typical growth company. At the end of 2021, it still confirmed that "profit leaves, second, but growth is the most important". But under current environment, The decline of growth rate has also become a reality, and the secondary market has also severely punished the weak growth stocks.$BILIBILI-SW(09626)$Obvio

This young e-commerce company has bright prospects.2022 has been a challenging year for U.S.-listed Chinese companies. The delisting threat, complex geopolitical environment sent these stocks down over the last few months.Yet Pinduoduo (PDD)-- a leading Chinese e-commerce company -- pushed against this trend as the stock is up almost 25% year to date. There are two likely reasons that have driven this exceptional performance.Pinduoduo has been executing extraordinarily wellPinduoduo was an outlier in the Chinese e-commerce industry. Founded in 2015, it quickly became the second-largeste-commerce companyin China with 882 million active buyers as of March 31 --Alibaba Group was the largest with 903 million buyers.The company grew quarterly revenue from zero to 31.4 b

$PDD Profit taking not unexpected after recent run up. Always remember. Stock prices don’t go up in a straight line. Valuations and fundamentals still solid! Buying opportunity at the next support level.$PDD perfect setup now after testing 66 to break through 74 ⭐️$Pinduoduo Inc.(PDD)$

Pinduoduo could launch cross-border e-commerce platform in US in September: reportPinduoduo $Pinduoduo Inc.(PDD)$may launch a cross-border e-commerce platform in the early part of September, with the U.S. as its first market, Chinese news outlet Late Post reported.The news outlet added that Pinduoduo (PDD), which has built its platform connecting farmers and distributors directly with consumers to buy fruits and vegetables, could go after merchants from all categories and have a business model similar to that of Shein, the Chinese fast fashion company.Late Post added that the project is considered one of Pinduoduo's (PDD) most important initiatives at the moment and "several" supervisors that were working on the company's

$Pinduoduo Inc.(PDD)$shone brightly against its e-commerce competitors the likes of $Alibaba(BABA)$and $JD.com(JD)$. Though the Chinese regulatory crackdown on the technology sector has stifled its expansion since last year, Pinduoduo was able to continue striving with its focus on agricultural produce and emphasis on smaller cities overlooked by competition that saturatedtop-tier cities.With the zero tolerance for COVID-19 in mainland China, lockdowns have also supporteddemands for agricultural produce and other essentials that Pinduoduo was able to capture as it gains traction among consumers. The 618 shopping festival also

$Pinduoduo Inc.(PDD)$Pinduoduo Inc. posted higher sales and earnings for the second quarter, as the agriculture and e-commerce company said it benefited from the recovery of the Chinese consumer.The Chinese company reported profit of 8.90 billion yuan, or $1.33 billion, for the three months ended June 30, compared with 2.41 billion yuan a year earlier. Earnings per American depositary share came in at 6.22 yuan, or 93 cents, compared with 1.69 yuan in the same period a year earlier.Adjusted earnings came to $1.13 per ADS, topping analyst expectations for adjusted earnings of 43 cents per ADS.Revenue rose 36% to 31.44 billion yuan, or $4.69 billion. Analysts surveyed by FactSet were expecting revenue of $3.49 billion."We saw a recovery in consumer s

$Pinduoduo Inc.(PDD)$ released Q2 earnings before market open on August 29th. Unlike many investors' first impressions of a disaster Q2, Pinduoduo not only beats in revenue, but also recorded the highest profit in history, especially when e-commerce giants $Alibaba(BABA)$ and$JD.com(JD)$ were suffering. The market also unceremoniously gave an intraday increase of up to 20%, closing with a 14.7% surge. Since Pinduoduo in $NASDAQ 100(NDX)$ it

Brief info on Aug29th1. Powell is not professional.A famous Johns Hopkins University Economy professor, Steve Hanke, argued that Feds Chairman, Jerome Powell, does not fully grasp the causes of the current inflation and predicted that a high rate of price increases will likely carry over into 2024.In his opinion, the substantial stimulus poured into the economy during the pandemic has fueled the current upswing in inflation.This is not the first time that Feds' chairman Jerome Powell was criticized unprofessional. Jay was a famous lawyer in his early age, neither in economy nor finance major.&

Pinduoduo surges 14% as earnings, sales suggest growing consumer strengthChinese e-commerce platform operator Pinduoduo (NASDAQ:PDD) $Pinduoduo Inc.(PDD)$ saw its shares start the week on strong note by rising 14% Monday on upbeat reaction to its second-quarter results.Prior to the start of trading, Pinduoduo (PDD) said that it earned the equivalent of 93 cents a share, on revenue of $4.7B, for the quarter that ended June 30. Pinduoduo's (PDD) results blew past Wall Street's expectations for a profit of 41 cents a share, on $3.44B in revenue.The results suggested consumers began opening up their checkbooks more in the wake of a series of Covid-related shutdowns in parts of China earlier this year. Chief Executive Lei

By Jeremy BowmanKEY POINTS Pinduoduo easily beat expectations on the top and bottom lines. The company's investments in its agricultural marketplace seem to be paying off. It easily outperformed rivals Alibaba and JD.com in the quarter. A better-than-expected earnings report drove the Chinese e-commerce stock.What happenedShares of Pinduoduo($Pinduoduo Inc.(PDD)$ )were surging today after the Chinese e-commerce company posted strong results in its second-quarter earnings report, easily outpacing analyst expectations.So whatThe company, which has become China's largest online market for agricultural products, posted strong sales during the June 18 shopping holiday, and operating income surged as the company controlled sales and marketing spen

$Pinduoduo Inc.(PDD)$Has gone up 14.5% last night after its stunning earning report. 

$Pinduoduo Inc.(PDD)$Shoots up 18% After Profit More Than Triples, as Consumer Sentiment RecoversShares of $Pinduoduo Inc.(PDD)$ shot up 18% in market trading Monday, after the China-based company that connects agricultural producers with consumers reported second-quarter profit that more than tripled and revenue that rose well above expectations, citing "a recovery in consumer sentiment."Net income grew to RMB8.90 billion ($1.33 billion), or earnings of RMB6.22 per American depositary share (ADS), from RMB2.41 billion, or RMB1.69 per ADS, in the year-ago period.Excluding nonrecurring items, adjusted net income was RMB10.78 billion. The FactSet consensus for earnings per ADS w