Earnings Preview: PDD Holdings to Report Financial Results Pre-market on November 21
$PDD Holdings(PDD.US)$ is scheduled to release its financial results pre-market on November 21 ET. Earnings PreviewAnalysts estimate $PDD Holdings(PDD.US)$ to post revenue of CNY103.70B for 2024Q3,
Hold positions exposure, Wall Street tycoons increase their holdings of assets in China.
David Tepper, a well-known hedge fund mogul on Wall Street, boldly proclaimed at the end of September to "buy everything in china assets." The latest hold position data has been released! The mogul has put his words into action, significantly increasing his holdings in chinese assets to nearly 40%. In the third quarter, information released by Tepper's Appaloosa Management showed that investments in chinese stocks increased from 26% at the end of the previous quarter to 38%. This renowned hedge fund figure greatly increased his holdings in several U.S.-listed chinese stocks during the third quarter, including nearly doubling his position in pdd holdings shares, while also adding to his positions in jd.com and ke holdings. Meanwhile, Tepper slightly reduced his holdings in baidu, alibaba, and china.
Duan Yongping and Buffett have a "soul resonance" in their third-quarter operations, and Li Lu re-enters an oil & gas stock.
For nvidia, Bridgewater, Jinglin, Baillie Gifford, and "Cathie Wood" are all reducing their shareholding, and everyone is quietly united in missing the opportunity of nvidia reaching the top of the market cap.
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Companies such as Xiaomi, pdd holdings, Xiaopeng autos, and Kuaishou will also gradually release their reports.