Here's How Much You Would Have Made Owning PDD Holdings Stock In The Last 5 Years

Benzinga05:15

Major rating丨Citi: Survey shows subsidies effectively drive demand for home appliances. Consumers are willing to spend more on travel.

On December 16, Gu Longhui reported that Citigroup published research indicating that a recent online Consumer survey conducted with approximately 2,500 consumers in China showed that most respondents indicated their financial situation is relatively good and expect to increase spending in the next 12 months. Among them, 63% of respondents shop several times a week, and about 49% shop between 6 to 10 times a month. The report indicates that the survey reflects an increase in spending on e-commerce platforms during this year's Singles' Day Sales, highlighting that government subsidy measures have effectively driven up demand for household appliances. At the same time, consumers also indicated they are more willing to spend more money on travel. Citigroup in selecting stocks on Chinese e-commerce platforms.

Gelonghui FinanceDec 16 14:14 · Ratings

PDD Holdings Inc. (NASDAQ:PDD) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Yahoo FinanceDec 14 20:00

U.S. stock market close | The Nasdaq 100 has risen for four consecutive weeks, Tesla's stock increased by over 4% reaching a new historical high, Broadcom surged over 24% after earnings with a market cap surpassing one trillion dollars.

The three major U.S. stock indexes closed mixed, with the Dow Jones falling for the seventh consecutive Trade day, marking the longest losing streak since 2020, as investors expect the Federal Reserve to slow the pace of interest rate cuts next week.

cls.cnDec 14 08:58

Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.

BenzingaDec 14 01:55

10 Consumer Discretionary Stocks Whale Activity In Today's Session

BenzingaDec 14 01:35