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Here's How Much You Would Have Made Owning PDD Holdings Stock In The Last 5 Years
Major rating丨Citi: Survey shows subsidies effectively drive demand for home appliances. Consumers are willing to spend more on travel.
Citibank published research indicating that, according to a recent online survey conducted with approximately 2,500 Chinese consumers, most respondents reported a favorable financial situation and expect to increase their consumer spending in the next 12 months. Among them, 63% of respondents shop several times a week, and about 49% shop between 6 to 10 times a month. The report states that the survey reflects an increase in spending on e-commerce platforms during this year's Singles' Day Sales, believing that government subsidy measures effectively boosted the demand for home appliances, while consumers also expressed a greater willingness to spend more on travel. Citibank's preferred order in selecting stocks within China's e-commerce platforms is JD.com.
PDD Holdings Inc. (NASDAQ:PDD) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products
10 Consumer Discretionary Stocks Whale Activity In Today's Session
