3 China Stocks to Watch Amid PDD Post-Earnings Plummet
PDD(PDD) Schaeffers Investment Research·2024-08-26 17:17
Following a disappointing second-quarter earnings report, U.S.-listed shares of China-based online retailer PDD Holdings Inc - ADR (NASDAQ:PDD) are eyeing their worst day ever. Amid this fall, it looks like an ideal time to check back in on three of the most popular Chinese stocks traded stateside: Baidu Inc (NASDAQ:BIDU), Alibaba Group Holding Ltd - ADR (NYSE: BABA), and JD.com Inc (NASDAQ:JD).Temu-parent PDD Holdings' results are weighing on rival Alibaba stock, which was last seen 4.1% lower at $81.92. W ...