$PDD Holdings (PDD.US)$ $Pinduoduo Concept (LIST0724.SH)$ $S&P 500 Index (.SPX.US)$ $China Concept Stocks (LIST2517.US)$ $Dow Jones Industrial Average (.DJI.US)$ $NASDAQ (NASDAQ.US)$
Pinduoduo closed at $47.33 in the latest trading session, marking a -0.71% move from the prior day. This change lagged the S&P 500's daily loss of 0.43%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, lost 0.4%.
Shares of the company had lost 12.85% over the past mon...
Pinduoduo closed at $47.33 in the latest trading session, marking a -0.71% move from the prior day. This change lagged the S&P 500's daily loss of 0.43%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, lost 0.4%.
Shares of the company had lost 12.85% over the past mon...
$PDD Holdings (PDD.US)$ $Pinduoduo Concept (LIST0724.SH)$
Pinduoduo launched the official centralized transportation service in Hong Kong at the end of last month. Users need to open the mobile app to see the relevant teaching. There is no other channel to promote the service.
However, unlike in the past, which only accepted mainland e-wallet or bank card payment, Pinduoduo joined Visa and Mastercard credit cards as payment methods, and launched the desk...
Pinduoduo launched the official centralized transportation service in Hong Kong at the end of last month. Users need to open the mobile app to see the relevant teaching. There is no other channel to promote the service.
However, unlike in the past, which only accepted mainland e-wallet or bank card payment, Pinduoduo joined Visa and Mastercard credit cards as payment methods, and launched the desk...
As the U.S. stock market improved, many popular Chinese stocks returned strongly.
Among the top 20 Chinese stocks with a market capitalization of more than $8 billion and a rebound from the 52 week low, Pinduoduo $PDD Holdings (PDD.US)$ topped the list with a cumulative increase of 166%, Beke $KE Holdings (BEKE.US)$ and Li Auto $Li Auto (LI.US)$ rose by more than 120%, BiliBili $Bilibili (BILI.US)$ and Tencent music $Tencent Music (TME.US)$ rose by m...
Among the top 20 Chinese stocks with a market capitalization of more than $8 billion and a rebound from the 52 week low, Pinduoduo $PDD Holdings (PDD.US)$ topped the list with a cumulative increase of 166%, Beke $KE Holdings (BEKE.US)$ and Li Auto $Li Auto (LI.US)$ rose by more than 120%, BiliBili $Bilibili (BILI.US)$ and Tencent music $Tencent Music (TME.US)$ rose by m...
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PDD’s price to sales ratio for trailing twelve months was 5.43 and price to book ratio for most recent quarter was 6.93, whereas price to cash per share for the most recent quarter was 5.45. The Company’s price to free cash flow for trailing twelve months was recorded as 22.15.
Analysts mean recommendation for the stock was 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sel...
Analysts mean recommendation for the stock was 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sel...
The stock has a market cap of $77.52B with 1.26B shares outstanding, of which the float was 910.81M shares.
Analysts consider this stock active, since it switched Trading volume reached 8,006,465 shares as compared to its average volume of 15.47M shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume tends to increase, it shows enhanced liquidity.
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
Analysts consider this stock active, since it switched Trading volume reached 8,006,465 shares as compared to its average volume of 15.47M shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume tends to increase, it shows enhanced liquidity.
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
Barclays has decided to maintain their Equal-Weight rating on Pinduoduo, which currently sits at a price target of $45.
Citigroup has decided to maintain their Buy rating on Pinduoduo, which currently sits at a price target of $62.
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
Citigroup has decided to maintain their Buy rating on Pinduoduo, which currently sits at a price target of $62.
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
Pinduoduo launched a web browser version on June 25, seven years after its founding.
The new web version requires users to log in via their mobile phone number before purchasing or accessing more features.
Currently, web version users can’t group shop, a popular feature of Pinduoduo.
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
The new web version requires users to log in via their mobile phone number before purchasing or accessing more features.
Currently, web version users can’t group shop, a popular feature of Pinduoduo.
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
$PDD Holdings (PDD.US)$ +6.41%
$JD.com (JD.US)$ +0.78%
$JD-SW (09618.HK)$ +2.46%
$MEITUAN-W (03690.HK)$ +1.14% for now.
$Meituan ADR (MPNGY.US)$ +0.78%
$KUAISHOU-W (01024.HK)$ +4.13% for now.
$BABA-W (09988.HK)$ +5.19% for now.
$Alibaba (BABA.US)$ +6.62%
Bernstein analyst Zhuyanhong said in his research report that the market is still paying attention to JD.com, Meituan, Pinduoduo and Kuaishou. "The market is still interested in Alibaba, especially foreign inve...
$JD.com (JD.US)$ +0.78%
$JD-SW (09618.HK)$ +2.46%
$MEITUAN-W (03690.HK)$ +1.14% for now.
$Meituan ADR (MPNGY.US)$ +0.78%
$KUAISHOU-W (01024.HK)$ +4.13% for now.
$BABA-W (09988.HK)$ +5.19% for now.
$Alibaba (BABA.US)$ +6.62%
Bernstein analyst Zhuyanhong said in his research report that the market is still paying attention to JD.com, Meituan, Pinduoduo and Kuaishou. "The market is still interested in Alibaba, especially foreign inve...
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According to FactSet, Pinduoduo Inc.’s share price will average $455.03 in the next year, based on opinions of analysts polled by the firm. This is up nearly 645.86 percent from its previous closing price of $59.00. Analysts expect Pinduoduo Inc. stock to reach the higher price of $711.22, while the lowest price estimate is $273.47. However, 48 analysts have rated PDD stock as an Overweight in their predictions for 2022.
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
$Pinduoduo Concept (LIST0724.SH)$ $PDD Holdings (PDD.US)$
E-commerce was the only channel to maintain solid growth in 2021, though that growth slowed to 15 percent from the 30 percent level of previous years. And e-commerce platforms became increasingly fragmented, with more consumers shifting to options such as Pinduoduo and niche content-driven e-commerce platforms such as Douyin and Kuaishou.
The fundamentals of the Chinese economy remain strong, with a growing middle-income group, continuous urbanization, and inflati...
The fundamentals of the Chinese economy remain strong, with a growing middle-income group, continuous urbanization, and inflati...
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