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PDD Holdings Newsroom
Overnight news: US stocks rose, gold reached a new high, Boeing 0.033 million blue-collar workers went on strike, credit ratings face the risk of being downgraded to 'junk grade'.
For more global financial news, please go to the 24-hour real-time financial news market closing: Nasdaq and S&P both rose for the fifth consecutive week, achieving the best performance of the year. Top 20 US stock turnover on September 13: Boeing workers reject a 25% pay increase agreement for 4 years and launch a major strike. China concept stocks had mixed performance on Friday, with NIO Inc up 5.11% and PDD Holdings down 2.4%. WTI crude oil in the US fell 0.46% on Friday. International gold prices continue to reach new highs, with spot gold and COMEX gold futures both rising more than 3% this week. European stocks closed higher, with the EURO STOXX 50 index up 0.61%. US macro data shows that consumers have a positive outlook on income prospects and retirement.
Temu and Shein Face U.S. Crackdown as Biden Administration Cites Abuse of Trade Loophole
PDD Holdings Options Spot-On: On September 13th, 229.4K Contracts Were Traded, With 1.75 Million Open Interest
PDD, Alibaba Shares Down as Biden Administration Cites Abuse of Trade Rules
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Express News | PDD Holdings Shares Are Trading Higher After the Biden Administration Announce Measures to Curb Low-value Shipments, Which Could Impact Chines E-commerce Companies Shipping to US Customers
Express News | Temu Spokesperson Says "We Are Reviewing the New Rule Proposals and Remain Committed to Delivering Value to Consumers"
Express News | Temu Spokesperson on Biden Administration Moving to Curb Low-Value Shipments Says Co's Growth Does Not Depend on the De Minimis Policy
PDD and Alibaba Stocks Fall as Biden Act on Cheap China Shipments -- Barrons.com
Express News | PDD Holdings Shares Down 5.4% Premarket After U.S. to Propose Trade Rules to Reduce China Package Volume
Trending Stocks Today | Tenon Medical Surges 221.81% Pre-Market
Sam's Club responds to rumors of "merging" with pdd holdings: To ensure the purchase of authentic products, please choose Sam's Club's officially certified channels.
According to recent media reports, it seems that Sam's Club has formed a partnership with PDD Holdings and opened a Sam's Club brand section on their platform, covering popular categories such as alcohol, beverages, snacks, and health products. In response to this, Walmart stated to Sina Technology that Sam's Club has a clear global strategy for future development, focusing on serving members through an omnichannel approach with stores as the core, ensuring a good shopping experience. Currently, Sam's Club's e-commerce business covers multiple channels, including the Sam's Club app and mini-program, which provide the fastest "Express Delivery" within 1 hour, city-wide delivery, and nationwide delivery. Additionally, members can also...
Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
Overnight news: European and American stock indexes closed up, gold hit a new high, the European Central Bank announced a rate cut, OpenAI's large-scale reasoning model made its debut, Samsung Electronics plans large-scale layoffs globally.
For more global financial news, please go to the 24/7 real-time financial news market closing: US stocks closed higher, led by technology stocks. The Nasdaq and S&P 500 indexes have risen for the fourth consecutive day. Top 20 US stock turnover on September 12: Wells Fargo & Co. restricted from conducting new business. China concept stocks had mixed performance on Thursday, with pdd holdings up 2.2% and Beigene down 7.1%. Crude oil closed up 2.5% on Thursday as hurricane disruptions supported oil prices. Spot gold hit a new record high, while major European stock indices rose collectively. The Euro Stoxx 50 index rose 1.04%. Macro Harris urged Trump to continue the presidential debate. Trump said he would not debate with Harris anymore.
US stocks closed: Technology breaks through to lift the index, Nasdaq and S&P jointly achieve four consecutive gains.
① After four consecutive days of gains, the S&P 500 index is still 1.3% away from its historical high. ② Warren Buffett's deputy sold more than half of Berkshire Hathaway's positions, causing the stock price to fall for the seventh consecutive day. ③ AirPods Pro transforms into an OTC hearing aid, with FDA approval for Apple's hearing assistance software. ④ Gilead's HIV prevention drug delivers positive results once again.
PDD Holdings Options Spot-On: On September 12th, 229.49K Contracts Were Traded, With 1.73 Million Open Interest
pdd holdings is working hard to please merchants
The "hundred billion reduction" policy is gradually being implemented.
China Merchants Securities International: The stock prices of leading domestic internet platforms show resilience. Preferred choices are Tencent, Alibaba, and Bilibili.
China Merchants Securities International published a report stating that although the stock market has recently weakened overall, the stock prices of mainland leading internet platforms have still shown resilience. It is believed that this is due to the improvement of the competitive environment and the enhancement of profit prospects. After this quarter's performance, companies with large declines are still worth attention, such as PDD Holdings, Tencent Music, and Netease. These companies still have attractiveness in terms of business strength, market position, and valuation. The bank pointed out that the overall market position and profit capability of mainland leading internet platforms are still solid. Industry first choices: Tencent, Alibaba, and Bilibili, all given a "shareholding" rating, with target prices of HKD 474 and USD 126 respectively.
US stock market closing: Bullish layers are stacked, Nasdaq staged a "deep V takeoff", Donald Trump concept stocks injured alone.
①Harris' favorable election situation led the pv concept stocks, with First Solar leading the S&P 500 index; ②Production cut rumors stimulated a sharp rise in the lithium sector; ③Russia considers restricting exports of certain strategic raw materials, leading to a collective increase in uranium producers; ④Trump's media technology fell more than 10%, hitting a new low after landing in the US stock market.
PDD Holdings Options Spot-On: On September 11th, 107.48K Contracts Were Traded, With 1.7 Million Open Interest