Market Volatility Hits Chinese Stocks, but PDD Holdings (PDD) Continues to Climb
PDD Holdings reported impressive Q1 earnings, but the company’s valuation remains depressed due to continuing geopolitical risks
PDD Holdings reported impressive Q1 earnings, but the company’s valuation remains depressed due to continuing geopolitical risks
The CSI 300 index in China recently dropped to a 4.5-year low, but a rebound in the Chinese economy could push stock valuations higher in 2024
After several years of blistering growth, the fast-fashion retailer Shein has indicated it will pursue an IPO in the U.S., but an approval to list is by no means guaranteed
Over the last several months, the S&P 500 has corrected by about 10%, and the current selloff could intensify if expectations for ongoing corporate earnings don’t rebound soon