PDD Holdings Inc (PDD) witnessed a significant 12.06% surge in its stock price on Monday, riding a broader wave of optimism after China signaled a pivotal shift in its monetary policy stance and increased economic stimulus measures.
China's top leaders announced plans to adopt a "moderately loose" monetary policy in 2025, marking the first such shift towards easing since 2011. The Politburo, the Communist Party's highest decision-making body, also pledged to implement a "more proactive" fiscal policy and step up "unconventional" counter-cyclical adjustments to boost domestic consumption and expand demand.
The policy shift announcement, made during the Politburo's December conclave, fueled expectations of greater economic stimulus measures ahead, sparking a rally in Chinese equities. PDD Holdings, along with other Chinese ADRs and ETFs, surged as investors cheered the prospect of increased government support to bolster economic growth.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。