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A look at $PDD Holdings (PDD.US)$ 's stock chart and you wou...

A look at $PDD Holdings(PDD.US)$ 's stock chart and you wouldn't think it's a Chinese company, let alone one that doesn't have a dual-listing meant to remove the risk of a delisting due to PCAOB inspections and worsening US-China relations. Relatively low short interest means even the bears are afraid of betting against this ecommerce behemoth now worth more than $Alibaba(BABA.US)$ without the regulatory overhang and stigma. It's also the ONLY Chinese ADR included in the Nasdaq 100 Index (currently ranking 31 in weighting). There's appetite for Chinese opportunities on Wall Street but not all are able to appeal to the growth, innovation, and profitability that Pinduoduo offers.
A look at $PDD Holdings (PDD.US)$ 's stock chart and you wouldn't think it's a Chinese company, let alone one that doesn't have a dual-listing meant to remove t...
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