Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks
Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks
Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) and PDD Holdings Inc (NASDAQ:PDD) were once the shining stars of China's e-commerce universe, but recent performance metrics suggest they're caught in a gravitational pull downward.
阿里巴巴(臨時代碼)控股有限公司 (紐交所:BABA) (紐交所:BABAF) 和 pdd holdings 公司 (納斯達克:PDD) 曾是中國電子商務領域的耀眼明星，但最近的表現指標表明它們正處於向下的引力中。
Let's dive into the tale of two stocks that seem to be competing for the title of 'most bearish trend.'
讓我們深入了解兩個股票的故事，它們似乎在爭奪「最看淡趨勢」稱號。
Alibaba: The Resilient Underdog?
阿里巴巴：堅韌的黑馬？
Alibaba's stock, at $86.73, has weathered a mix of optimism and anxiety. It's up 12.12% over the past year, but the last month saw a sharp 13.01% decline.
阿里巴巴的股票目前爲$86.73，經歷了一陣樂觀與焦慮的交織。過去一年上升了12.12%，但上個月卻銳減了13.01%。
Chart created using Benzinga Pro
使用Benzinga Pro創建的圖表
Technically, the stock screams 'bearish' as it lingers below key moving averages, including its 20-day and 50-day simple moving averages (SMAs). Yet, with its eight-day SMA at $86.18 and 200-day SMA at $82.52, there's a faint glimmer of hope—potential buyers might find solace in its nearly oversold RSI of 38.51.
從技術上看，這隻股票發出「看淡」的信號，因爲它徘徊在關鍵的移動平均線之下，包括20日和50日簡單移動平均線（SMA）。然而，隨着其八日SMA爲$86.18，200日SMA爲$82.52，仍然有一絲希望——潛在買家可能會在其接近超賣的RSI爲38.51中找到安慰。
Investor sentiment remains tepid, but big names like Soros Capital Management and Bridgewater Associates are quietly building stakes. Is Alibaba the beaten-down stock that contrarians love to bet on?
投資者情緒仍然低迷，但像索羅斯資本管理和橋水基金等大牌正在悄然建立持有。阿里巴巴是否是那些逆勢而爲者喜歡押注的被打壓股票？
Maybe, but upcoming U.S. tariffs could spoil the progress.
也許，但即將到來的美國關稅可能會破壞這一進展。
PDD Holdings: The High-Flyer Turned Free-Faller
pdd holdings：曾經的高飛者變成了自由下跌者
PDD's stock paints a darker picture. After a blistering run with Temu's U.S. expansion, the company now faces an aggressive sell-off.
pdd的股票狀況令人擔憂。在與Temu的美國擴張中經歷了快速增長後，該公司現在面臨着激烈的賣出。
Down 33.22% over six months and 20.52% in the past month, it seems Wall Street is questioning the sustainability of Temu's discount-driven strategy.
在過去六個月內下跌了33.22%，在過去一個月下跌了20.52%，華爾街似乎在質疑Temu以折扣爲驅動的策略的可持續性。
Chart created using Benzinga Pro
使用Benzinga Pro創建的圖表
Technical indicators are grim, with the MACD at a negative 6.18 and an RSI of 28.79 signaling oversold territory.
技術因子顯示情況嚴峻，MACD爲負6.18，RSI爲28.79，表示超賣區域。
Even institutional love, like Fisher Asset Management upping its stake, hasn't stopped analysts from jumping ship.
即使是像Fisher資產管理公司這樣提高其股份的機構熱愛，也未能阻止分析師跳船。
JPMorgan downgraded PDD to neutral with a slashed price target of $105, while Benchmark trimmed its target to $160 from $185.
摩根大通將pdd的評級下調至中立，並將目標價格削減至105美元，而Benchmark則將其目標從185美元下調至160美元。
Meanwhile, fears over regulatory risks and national security concerns tied to Temu only add to the bearish momentum.
與此同時，關於與Temu相關的監管風險和國家安全問題的擔憂只會加劇看淡的勢頭。
The Verdict: Avoid Or Opportunistic Entry?
裁決：避免還是機會性入場？
Both stocks are under pressure, but PDD's steeper declines and bearish outlook suggest it's in a riskier position.
兩隻股票都承壓，但pdd holdings的下跌幅度更大和看淡的前景表明其處於更風險的位置。
Alibaba, with its diversified revenue streams and slightly less dramatic drop, might hold more appeal for the brave.
阿里巴巴由於其多元化的營業收入來源和略微不那麼劇烈的下跌，或許對勇敢者更具吸引力。
Still, with Trump-era tariffs looming, both stocks might have more turbulence ahead. For now, it's about 'who's losing less badly,' and neither is doing well.
然而，隨着特朗普時代的關稅懸而未決，兩隻股票未來可能面臨更多動盪。目前的問題是『誰損失得更少』，而兩者的表現都不佳。
