KraneShares 2x Long PDD Daily ETF(KPDD.US)

PDD Holdings (NasdaqGS:PDD): Valuation Check After Shanghai Regulatory Clash Rattles Investor Confidence

PDD Holdings faces investor confidence issues after a regulatory clash with Shanghai authorities led to physical altercations and mass firings. Despite a recent share price decline, the company shows long-term growth potential with a positive year-to-date return. Analysts suggest PDD is undervalued, leveraging its C2M model for future growth. However, heavy spending and competition may impact margins. Investors are advised to explore other opportunities and risks associated with PDD's narrative.

Brawls, Raids, and Layoffs: Inside PDD's Explosive Clash with Regulators

PDD Holdings Inc. faced a major clash with Shanghai regulators, leading to physical altercations, police involvement, and arrests. The State Administration for Market Regulation investigated fraudulent deliveries, requesting sensitive transaction data. PDD dismissed dozens of government relations staff. The incident comes amid a competitive Chinese consumer market and regulatory scrutiny abroad, with Temu's European headquarters also raided.

PDD Holdings shares are trading higher after Freedom Capital Markets maintained its Buy rating and raised its price target from $140 to $170.

PDD is testing the "Billion Dollar Supermarket" business, with product prices up to 30% lower than competitors

According to domestic media reports, PDD has recently tested a new business called "Billion Dollar Supermarket" in its mobile application. It is reported that this business will operate through low-price subsidies and limited-time, limited-quantity coupon distributions. Currently, it is only open for internal testing to a random selection of users. The products sold include fruits and vegetables, nut snacks, dairy drinks, and maternal and infant products, with prices generally 10% to 30% lower than those at other offline supermarkets and online platforms

U.S. stock night trading fluctuations: PDD rose 3.24% in night trading, new management's strategic adjustments boost investor confidence

PDD rose 3.24% in the night session; Alibaba rose 1.70% in the night session, with a transaction volume of USD 29.95 million; Amazon rose 0.54% in the night session, with a transaction volume of USD 22.3 million; JD fell 0.10% in the night session, with a transaction volume of USD 4.01 million