PDD Holdings (PDD) Monday posted second-quarter results that overshot analysts' estimates even as the parent of the Temu shopping site faced the end of a key U.S. tariff exemption.
E-commerce firm PDD Holdings beat market estimates for quarterly revenue on Monday, signaling a rebound in domestic demand and improved growth in its international business despite global trade uncertainties.
DUBLIN and SHANGHAI, Aug. 25, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the second quarter ended June 30, 2025.
PDD stock price jumped above a key resistance level as investors waited for its results on Monday. It jumped to a high of $127, its highest level since March 24, and 45% above its lowest point in 2024.
Chinese stocks have been climbing since early this year, when DeepSeek's simpler, cheaper AI models reinvigorated interest in China's technology companies.
A looming trade deal between the U.S. and China is bullish for the Chinese stock market. When Invesco Golden Dragon China ETF is compared to iShares China Large-Cap ETF, FXI appears to be a better choice. Seeking Alpha ETF Grades highlight the differences between PGJ and FXI.
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