Impressive numbers, yet the market remains unforgiving.
PDD Holdings delivered a robust Q1 performance with revenue hitting RMB 95.67B and adjusted net income at RMB 16.9B. However, despite the strong fundamentals, shares plunged over 12% in premarket trading.
This is a classic reminder: even strong earnings can’t always offset market sentiment or sky-high expectations.
Watching closely to see if this dip becomes an opportunity or a deeper correction.
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