L.Lim
03-26 09:50

$PDD Holdings Inc(PDD)$  it is a little shocking to see that PDD missed estimates and yet made a rally on the market.

Maybe there is strong optimism on the market for their future, especially with the Xi and Trum0 summit still to come, which could allow for better business opportunities for chinese companies.

Then again, chinese stocks have been making some gains through the Iran war, so on some level, the positivity reflected could be related.

I would be skeptical about how the prices spiked, albeit with the opening and closing being reasonably close, because there is nothing absolutely concrete that can be a reason for the wild prices being paid on the day.

PDD Surges on "New Pinduoduo" Vision: Still Undervalued?
PDD surged 10% at the open on Wednesday following the release of its FY2026 Q4 earnings report. The company reported quarterly revenue of RMB 123.91 billion, up 12% year-over-year. Although net profit (RMB 26.3 billion) and EPS missed expectations due to continued strategic investments, strong signals from management during the earnings call ignited bullish sentiment: The company will go “all-in” on supply chain upgrades Official launch of the “New Pinmu” platform in Shanghai With $15B already injected into "New Pinduoduo," will PDD’s 10x P/E become value play?
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