Pinduoduo Stock News

The selloff underscored renewed investor anxiety over escalating U.S.-China tensions.

PDD Holdings has become China's second-largest retailer, and is now aggressively expanding overseas through its Temu platform. Temu's direct-to-consumer consignment model helps cut supply chain layers and underprice e-commerce rivals. PDD's heavy investment in international expansion and logistics is putting pressure on margins, but valuation remains attractive, with PDD trading around 13–14x f...

Chinese stocks, once deemed univestable by many, are luring both local and foreign investors impressed by recent returns. The Shanghai Composite hit a decade high earlier this month.

Chinese stocks are trading at lower valuations due to the increased geopolitical risks.

Increased investment volatility raises concerns about future shareholder returns, when viewed together with the management's reluctance to pay dividends or repurchase shares. The stock has become less undervalued in a ~40% rally since I initiated coverage in April with a buy rating. PDD remains operationally efficient but faces margin pressure and slower growth in the near term, as the company ...

Equities swooned in both China and Hong Kong, led by semiconductor and tech hardware stocks, which had risen the most over the past weeks.

PDD Holdings remains a strong buy as the U.S.-China are likely to resolve their trade differences. Pinduoduo's online marketing services continued to drive the platform's growth in Q2 '25, even as competition in China's e-commerce market intensifies. The e-commerce enterprise is still leading the industry group in gross profit margins and remained widely profitable in Q2 '25.

Chinese stocks are at decade highs after a rally powered by support from state-backed institutions and bigger investors, with retail money slowly making their way back into shares providing a fresh tail wind.