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Huatai Asset Management

Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors

by Anas Siddiqui
Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors

Shares of Temu parent PDD Holdings are being held back by geopolitical risks and fierce competition in China’s e-commerce sector. Granted, it US-listed stock has surged 43 per cent from …

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