China Internet Regulation Poses New Risks for PDD Holdings (PDD)

PDD Holdings Inc. (NASDAQ:PDD) ranks among the best high growth Chinese stocks to buy. Morgan Stanley reaffirmed an Overweight rating on PDD Holdings Inc. (NASDAQ:PDD) on January 15, with a $148 price target, though it removed the company from its Top Pick list due to growing regulatory worries and market uncertainty for the Chinese internet sector. Source:Pixabay The firm pointed to the General Office of Anti-Monopoly and Anti-Unfair Competition Commission’s recent probe into food delivery platforms, a ...