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What Does HSBC's PDD Target Price Cut Signify for Chinese E-commerce

6 months ago

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China E-Commerce Stocks Sink While Baidu Climbs 4%: Alibaba Falls 4%, PDD Holdings Declines 3%

China e-commerce stocks fell Thursday, with Alibaba down 4% and PDD Holdings down 3%, while Baidu climbed 4% amid a firm U.S. equities session.

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PDD Says It's Building 'Another PDD' Over the Next 3 Years

PDD Holdings is executing a three-year plan to build "another PDD" by transforming supply chains and helping manufacturers develop brands, aiming to strengthen its commerce ecosystem as its biggest lo...

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Why is Wall Street souring on PDD stock just before earnings?

PDD Holdings faces cautious Wall Street sentiment ahead of Monday's Q2 earnings, with analysts projecting ~$17.1B revenue and ~$2.75 adjusted EPS, as investors question the pace of profit conversion f...

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What Does HSBC's PDD Target Price Cut Signify for Chinese E-commerce

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