$PDD Holdings(PDD.US)$ sprang

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DBS: PDD Holdings – Buy Target Price US$226 (Previous US$171) - Alpha Edge Investing
$PDD Holdings(PDD.US)$

In December, China's total retail sales were recorded at 4.355 trillion yuan, rising 7.4% y/y or +0.42% m/m.
Retail sales of goods were 3.814 trillion yuan, which rose by 4.8%y/y;
Total revenue for the catering industry was 540.5 billion yuan, which rose 30.3%.
$Hang Seng H-Share Index ETF(02828.HK)$ $Hang Seng Index(800000.HK)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $iShares MSCI China ETF(MCHI.US)$ $BABA-SW(09988.HK)$ $PDD Holdings(PDD.US)$ $MEITUAN-W(03690.HK)$ $JD-SW(09618.HK)$

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 (curr...

$PDD Holdings(PDD.US)$
obviously gonna pull back after recent rally which has overshot. likely to be 120 at fair value

$PDD Holdings(PDD.US)$ Is it time for a pullback