US stocks update | PDD Holdings rose 2% in pre-market trading and recently launched the "Super Double Supplement" for the Double 12 promotion.
On December 12, Gelonghui reported that PDD Holdings (PDD.US) pre-market increased by 2%, trading at $105.49. According to news, PDD Holdings' Double 12 promotion 'Super Double Supplement' officially launched on December 8, focusing on popular commodities across several categories such as cosmetics, personal care, maternal and infant products, food, and home appliances. Based on platform subsidies, a special 2,600 yuan consumer voucher section will also provide an additional 15% discount on certain home appliance products, layered with national subsidy benefits. Additionally, Citibank maintains a 'Hold' rating on PDD Holdings with a target price of $125 unchanged. (Gelonghui)
PDD Holdings (PDF.US) has launched the Double 12 event "Super Double Subsidy" with discounts on beauty products and other items along with subsidies.
PDD Holdings (PDD.US) officially launched its "Super Double Subsidy" event for the Double 12 sales promotion on December 8, featuring highlighted Commodities covering major categories such as beauty, personal care, maternal and infant products, food, and home appliances. Based on the platform's excessive subsidies, the 10 billion subsidy with a 2,600 yuan consumer coupon area will see some home appliance products receive an additional 15% off with national subsidy benefits. In the previous event, brands like LI NING (02331.HK), LEGO, FILA, and Fujifilm Holdings Corporation Unsponsored ADR all achieved significant growth.
Express News | Double 12 is in full swing, with PDD Holdings increasing the 'Super Double Subsidy.'
China Orders Temu Parent PDD to Fix Refund Policy
Express News | Citi: PDD Holdings, which operates the retail platform Temu, is likely to continue facing short-term adverse factors. The neutral rating for PDD Holdings ADR remains unchanged, with a Target Price set at $125.00. Note: The latest price for PDD Holdings AD
Temu Owner Likely to Continue Facing Short-Term Headwinds -- Market Talk
Express News | U.S. stocks night trading: China's asset ETFs and Chinese concept stocks are rising, YINN increased by nearly 5%.
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, with Meta, Amazon, and Netflix all reaching new highs. Nvidia rose more than 3%, and Broadcom rose nearly 7%. At one point, ultra-microcomputers fell more than 8%. The decline narrowed, and Fanduo turned up more than 11%. The US CPI for November is betting on cutting interest rates next week. Interest rate cuts may be suspended in January next year. US dollar and US bond yields will rebound in V shape, and spot gold will be the highest in five weeks. The yen dived below 152, and the offshore renminbi once fell more than 300 points to 7.29 yuan. After the Bank of Canada cut interest rates sharply, Canadian dollar and Canadian bond yields turned up, and oil prices rose by about 2%.
PDD Holdings Options Spot-On: On December 11th, 113.33K Contracts Were Traded, With 1.6 Million Open Interest
On December 11th ET, $PDD Holdings(PDD.US)$ had active options trading, with a total trading volume of 113.33K options for the day, of which put options accounted for 27.9% of the total transactions,
Citi Maintains PDD Holdings(PDD.US) With Hold Rating, Maintains Target Price $125
Sector Update: Consumer Stocks Flat to Higher Premarket Wednesday
Express News | Kazakhstan plans to require overseas E-Commerce platforms to register and establish offices.
Express News | PDD Holdings is down over 3% in Pre-Market Trading.
The "Great Debate on Algorithms": Criticizing good and evil is easy, but winning the competition is very difficult.
Introduction: Man, the tool-making animal. The ability of humans to create and use tools is one of the key differences between humans and other animals. From simple stone tools to complex machines and Electric Appliances, the evolution of tools reflects the progress of human society and the development of Technology. Entering the digital age, algorithms, with their intangible power, subtly reshape our ways of information acquisition, Consumer habits, and even social patterns. However, with the widespread application of algorithms across various fields of society, the controversies and doubts they provoke also follow closely. Discussing the good and evil of algorithms is meaningless; algorithms are merely tools, and one would discuss.
Futu Morning Report | Focus on tonight's CPI report! It may become a key factor affecting next week's interest rate decision; Google surged more than 5%! Its quantum chip drove all Concept stocks to soar, with RGTI rising over 45%.
How much computing power does the agent need? Barclays: over 70% of total computing demand, with expenditures amounting to 300 billion; stock prices surged nearly 18%! Reports suggest that USA pharmacy giant Walgreens is in talks with private equity firms for a sale; Bitcoin briefly fell below 95,000 USD! Microsoft Shareholders voted against the Bitcoin investment proposal, stating that returns cannot be guaranteed.
Hong Kong stock morning report on December 11: Citic Lyonn claims to be Bullish on the KUAJINGZIJIN flow and IPO recovery of the Hong Kong Stock Exchange, with SenseTime's share placement financing nearly 2.8 billion Hong Kong dollars directed towards cor
① CITIC Securities is Bullish on the flow of KUAJINGZIJIN and the recovery of IPOs at the Hong Kong Stock Exchange. ② SenseTime's share placement financing of nearly 2.8 billion yuan is used for the development of core Business. ③ HUA HONG SEMI's 12-inch production line at the Wuxi base has been completed and is in production. ④ The Shanghai Stock Exchange will review Guolian Securities' additional share issuance and acquisition matters next week.
PDD Holdings Options Spot-On: On December 10th, 90,214 Contracts Were Traded, With 1.58 Million Open Interest
On December 10th ET, $PDD Holdings(PDD.US)$ had active options trading, with a total trading volume of 90,214 options for the day, of which put options accounted for 25.33% of the total transactions,
PDD Holdings's Options: A Look at What the Big Money Is Thinking
The Double 12 has started! Stimulating domestic demand, Taobao, JD.com, Douyin, PDD Holdings, and Suning are showcasing their talents.
① E-commerce platforms such as Taobao, JD.com, Douyin, PDD Holdings, and Suning.com have launched their year-end December 12 promotion. ② Some e-commerce platforms are actively seizing the year-end home appliance subsidy opportunities, while others continue the November 11 Shopping Festival-Related promotional strategy.
PDD Holdings (NASDAQ:PDD) Hikes 11% This Week, Taking Five-year Gains to 185%