Temu parent $PDD Holdings (PDD.US)$ is seeing increasing demand for put options that could protect the shareholders from further declines as its American depositary receipts (ADRs) slumped 30%.
"Revenue growth will inevitably face pressure due to intensified competition and external challenges,” VP of Finance Jun Liu, said in the company's earnings release Monday. “Profitability will also likely be impacted as we con...

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