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The scary fallen of PDD

$PDD Holdings (PDD.US)$  This is very scaring. With good QR but share price has fallen 30% and hard to predict what's next. From the growth rate and current PER, apparently it is considered undervalue. I even saw 1 of the guru highly promoting it & confident the share will goes up 30% after QR releases.
If it is US stock, I would dare to bet big this price will easily double in the future. Why like that? What can we learn from this fall?
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