$PDD Holdings (PDD.US)$ Scared me into quickly going to PDD to buy some things... Cheap~ RMB99, cheaper than Taobao with free shipping to Singapore~

$Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU.US)$ China has approved an  a 6 trillion yuan ($839 billion) program to refinance local government debt, aiming to support its slowing economy. The plan, reported by Xinhua News Agency, offers limited details but provides some clarity for investors.
China's economic growth slowed to 4.6% in the third quarter, jeopardizing its 5% annual target. In response, policyma...

$PDD Holdings (PDD.US)$
Lets not forget that this company reported poor earnings in the previous quarter, dropping from a price of about $145 to $90 within a span of a few days.
From the low level of $90, the China Stimulus would be expected to boost this company but not above their previous quarter results of $145.
Stimulus package by China could be useful but we may not be seeing the effects anytime soon, making the current stock price of $153 a little overvalued.
PT: $135