PDD(US:PDD) Globenewswire·2026-02-03 18:36Core Viewpoint - PDD Holdings Inc. is under investigation for potential securities fraud and unlawful business practices, following a broader probe initiated by the Chinese government involving over 100 regulators [3]. Group 1: Investigation Details - The investigation by the Chinese government includes allegations of misconduct such as fraudulent deliveries and taxation issues [3]. - The probe was partially triggered by an incident of physical violence between PDD employees and inspectors from the State Administration for Market Regulation (SAMR) [3]. Group 2: Market Reaction - Following the news of the investigation, PDD's American Depositary Receipt (ADR) price decreased by $2.30, or 2.15%, closing at $104.46 on January 20, 2026 [4]. Group 3: Legal Representation - Pomerantz LLP is investigating claims on behalf of PDD investors and is recognized for its expertise in corporate, securities, and antitrust class litigation [1][5].