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Plummets 5.01% on Friday as Disappointing Earnings and Increased Competition Weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=1145307539","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1145307539?lang=en_us&edition=fundamental","pubTime":"2024-11-22 23:53","pubTimestamp":1732290788,"startTime":"0","endTime":"0","summary":"PDD Holdings Inc., the Chinese e-commerce giant, witnessed a significant 5.01% decline in its stock price during Friday's trading session. The plummet can be attributed to multiple factors, as revealed by the company's recent financial reports and market developments.According to the company's third-quarter earnings release, revenue and profit fell short of market expectations, as promotional offers and discounts failed to persuade cost-conscious consumers to spend as much as anticipated on its ","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"ee20ff730cb0eeb62c1ab35b401a4e1c","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["PDD"],"gpt_icon":1},{"id":"2485960002","title":"Temu parent PDD extends decline after JP Morgan downgrades stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2485960002","media":"Investing.com","labels":["rating"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485960002?lang=en_us&edition=fundamental","pubTime":"2024-11-22 23:42","pubTimestamp":1732290139,"startTime":"0","endTime":"0","summary":"Investing.com --U.S.-listed shares of Temu parent PDD Holdings Inc DRC  declined roughly 4% at $100, after JP Morgan downgraded the stock to \"neutral\" from \"overweight\" citing limited financial visibility and short-term uncertainties.“As the company provides limited details on its investment plans, visibility on short-term financials is too low to justify an investment case on a 6-month horizon, in our view, despite the company likely remaining competitive with business upside in the long-run,” JP Morgan analyst Andre Chang wrote in the note, while hacking price target on stock to $105 from $170.PDD’s profits declined in third quarter as the company invested more in its business to remain competitive.Chang noted that the looming announcement of new tariff policies on Chinese products by the U.S. government under Donald Trump poses additional risks to the stock.Discount e-commerce player PDD Holdings reported third quarter revenue at 99.35 bln yuan, sending its ADR shares down in Thursd","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":"ee20ff730cb0eeb62c1ab35b401a4e1c","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/temu-parent-pdd-extends-decline-154219427.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"rating","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PDD"],"gpt_icon":1},{"id":"1195055821","title":"Chinese ADRs Sink As Investors Rapidly Lose Patience on Stimulus","url":"https://stock-news.laohu8.com/highlight/detail?id=1195055821","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1195055821?lang=en_us&edition=fundamental","pubTime":"2024-11-22 22:46","pubTimestamp":1732286804,"startTime":"0","endTime":"0","summary":"Chinese ADRs fell in morning trading Friday, as disappointing results from Baidu and downbeat guidance from PDD Holdings heightened jitters about corporate earnings and China’s growth outlook.YINN fel","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BILI","LI","IQ","TME","BIDU","YINN","XPEV","BEKE","TCOM","PDD","YANG","NIO","NTES","BABA"],"gpt_icon":1},{"id":"2485773269","title":"JPMorgan downgrades PDD on low visibility amid reinvestments","url":"https://stock-news.laohu8.com/highlight/detail?id=2485773269","media":"TIPRANKS","labels":["rating"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485773269?lang=en_us&edition=fundamental","pubTime":"2024-11-22 22:36","pubTimestamp":1732286163,"startTime":"0","endTime":"0","summary":"JPMorgan analyst Andre Chang downgraded PDD Holdings (PDD) to Neutral from Overweight with a price target of $105, down from $170. The company’s se...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/jpmorgan-downgrades-pdd-on-low-visibility-amid-reinvestments?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/jpmorgan-downgrades-pdd-on-low-visibility-amid-reinvestments?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"rating","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["JPM","PDD"],"gpt_icon":0},{"id":"2485033269","title":"PDD Holdings downgraded to Neutral from Overweight at JPMorgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2485033269","media":"TIPRANKS","labels":["rating"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485033269?lang=en_us&edition=fundamental","pubTime":"2024-11-22 22:30","pubTimestamp":1732285812,"startTime":"0","endTime":"0","summary":"JPMorgan downgraded PDD Holdings (PDD) to Neutral from Overweight with a $105 price target Published first on TheFly – the ultimate source for real...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/pdd-holdings-downgraded-to-neutral-from-overweight-at-jpmorgan?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/pdd-holdings-downgraded-to-neutral-from-overweight-at-jpmorgan?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"PDD Holdings downgraded to Neutral from Overweight at JPMorgan","news_tag":"rating","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PDD"],"gpt_icon":0},{"id":"2485926985","title":"PDD Holdings Inc : JP Morgan Cuts Target Price to $105 From $170","url":"https://stock-news.laohu8.com/highlight/detail?id=2485926985","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485926985?lang=en_us&edition=fundamental","pubTime":"2024-11-22 22:30","pubTimestamp":1732285810,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241122:nFWN3MT0LI:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4558","LU0348827113.USD","BK4535","LU1719994722.HKD","LU0821914370.USD","IE0034224299.USD","LU0329678337.USD","LU1868838027.USD","BK4504","LU2087589342.USD","LU0572944931.SGD","IE00B0JY6N72.USD","LU0823397103.USD","LU0455707207.USD","LU1880383440.USD","PDD","HK0000320223.HKD","LU0823039010.USD","LU2039709279.SGD","LU0039217434.USD","LU0516423174.USD","LU2257852520.SGD","HK0000306701.USD","LU0048580855.USD","BK4503","BK4501","LU0502904849.HKD","IE00B3M56506.USD","LU0359202008.SGD","LU0650527681.SGD","HK0000306685.HKD","LU0328353924.USD","LU2264538146.SGD","LU1880383366.USD","LU0307460666.USD","LU0589944569.HKD","LU0708995583.HKD","LU1769817096.USD","LU0359201612.USD","LU0417516902.SGD","LU0823426480.USD","LU0348805143.USD","LU0823426308.USD","LU0320764599.SGD","LU1303224171.USD","LU0359201885.HKD","LU0348788117.USD","LU0072462343.USD","LU1242518931.SGD","LU1794554557.SGD"],"gpt_icon":0},{"id":"2485571342","title":"PDD's 3Q Underwhelmed, But There Were Also Some Key Positives -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2485571342","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485571342?lang=en_us&edition=fundamental","pubTime":"2024-11-22 20:57","pubTimestamp":1732280220,"startTime":"0","endTime":"0","summary":"0757 ET - Temu parent PDD Holdings' underperformance in 3Q weighed on its shares but there were key positive data points investors shouldn't lose sight of, according to Benchmark's Fawne Jiang and Long Lin in a research note. The analysts say the dismal 3Q was primarily due to slower-than-expected international growth and a profitability reset driven by increased domestic investments. PDD shares slid nearly 11% on Thursday. But key points investors should consider include the online marketplace's year-over-year growth that outperformed the industry and publicly traded peers, say the analysts. Benchmark maintains a buy rating on PDD but lowers the price target to $160 from $185 to reflect both earnings and multiple revisions. 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survey and increasing geopolitical tensions between Ukraine and Russia, but Wall Street's main indexe","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":[".SPX","BIDU","YMmain","PDD","BILI","TPL","XPEV","ESTC","INTU",".IXIC","ROST","GAP","ESmain","NTAP","NIO",".DJI","RDDT","SNOW","NQmain","NVDA","MSTR","BABA"],"gpt_icon":1},{"id":"2485251882","title":"PDD Holdings Inc : Bernstein Cuts Target Price to $150 From $170","url":"https://stock-news.laohu8.com/highlight/detail?id=2485251882","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485251882?lang=en_us&edition=fundamental","pubTime":"2024-11-22 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Have Conflicting Sentiments on These Consumer Cyclical Companies: Nike (NKE) and PDD Holdings (PDD)","url":"https://stock-news.laohu8.com/highlight/detail?id=2485251874","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485251874?lang=en_us&edition=fundamental","pubTime":"2024-11-22 19:51","pubTimestamp":1732276262,"startTime":"0","endTime":"0","summary":"Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Nike (NKE – Research Report) and PDD Holdings (PDD – 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richest person wants a personal apology from ByteDance’s founder for not stopping social media attacks against him","url":"https://stock-news.laohu8.com/highlight/detail?id=2485509962","media":"Fortune","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485509962?lang=en_us&edition=fundamental","pubTime":"2024-11-22 18:40","pubTimestamp":1732272039,"startTime":"0","endTime":"0","summary":"Zhong Shanshan, chairman of Nongfu Spring and China’s “bottled water king,” has an axe to grind with two of the country’s biggest tech companies.Zhong slammed Pinduoduo, a Chinese e-commerce platform owned by PDD Holdings, at an event in Ganzhou in Jiangxi province on Tuesday, according to media reports.“Pinduoduo’s pricing system is a huge harm to Chinese brands and Chinese industries,” Zhong said at the event, according to local media.Pinduoduo’s aggressive pricing strategy helped it take market share from larger platforms like Alibaba and JD.com, but it has also helped spark a broader price war that’s eating into margins.At another event the next day, Zhong targeted another one of China’s tech companies: ByteDance. Zhong said he’d hoped to get an apology from Zhang Yiming, Bytedance’s founder, for not stopping a social media campaign targeting Nongfu Spring.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/4OPXRc4Jt7cE.adFPFKgRQ--~B/aD0xMzY1O3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/ae2c2538832b3332b09d1a55857b18f3","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/4OPXRc4Jt7cE.adFPFKgRQ--~B/aD0xMzY1O3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/ae2c2538832b3332b09d1a55857b18f3"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-richest-person-wants-personal-104039775.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0821914370.USD","LU2264538146.SGD","LU2242644610.SGD","LU0572944931.SGD","LU0633140560.USD","BK4503","LU0140636845.USD","LU2257852520.SGD","LU1048596156.SGD","LU0328353924.USD","LU1988902786.USD","LU1770034418.SGD","LU2087589342.USD","LU1064131342.USD","LU1880383440.USD","SG9999002828.SGD","LU0072462343.USD","LU1981816686.USD","LU1323998911.USD","LU0327786744.USD","LU1769817096.USD","LU2039709279.SGD","BK4588","LU0348805143.USD","LU1251922891.USD","BK4585","LU0737861772.HKD","IE00B0JY6N72.USD","LU0359201612.USD","LU0516422440.USD","LU0143863198.USD","IE0034224299.USD","LU0231483743.USD","LU0650527681.SGD","BK4548","LU1956131251.USD","LU0307460666.USD","HK0000320223.HKD","PDD","LU1808992512.USD","LU0051755006.USD","BK4531","LU0348788117.USD","LU1303224171.USD","LU0516422366.SGD","LU0143863784.USD","LU0823039010.USD","LU1720050803.USD","LU1880383366.USD","LU0048580855.USD"],"gpt_icon":1},{"id":"1174033180","title":"Option Movers | PDD's Market Sentiment is Quite Bearish; Super Micro's Fluctuations May Continue","url":"https://stock-news.laohu8.com/highlight/detail?id=1174033180","media":"Option Movers","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1174033180?lang=en_us&edition=fundamental","pubTime":"2024-11-22 18:32","pubTimestamp":1732271555,"startTime":"0","endTime":"0","summary":"Wall Street's main indexes closed higher after choppy trading on Thursday (Nov 21), with the blue-chip Dow and the S&P 500 hitting one-week tops.Regarding the options market, a total volume of 53,766,","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SMCI","PDD"],"gpt_icon":1},{"id":"2485097237","title":"BUZZ-China ADRs fall tracking losses in mainland peers","url":"https://stock-news.laohu8.com/highlight/detail?id=2485097237","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485097237?lang=en_us&edition=fundamental","pubTime":"2024-11-22 18:23","pubTimestamp":1732271009,"startTime":"0","endTime":"0","summary":"** Chinese companies' U.S.-listed shares fall in premarket trade after mainland peers post worst day in 6 weeks   ** China and Hong Kong stocks fell sharply on Friday, dragged by big tech firms' disappointing earnings and investors' fears over U.S. President-elect Donald Trump's future policies on China      ** Shanghai Composite    and blue chip CSI300    down 3.1% each, posted their biggest single-day losses since Oct. 9   ** Hang Seng    dipped 1.9%   ** A Reuters poll this week showed the Trump administration could impose nearly 40% tariffs on Chinese imports early next year   ** E-commerce giant PDD Holdings    and search engine operator Baidu    posted lower-than-expected Q3 results on Thursday   ** Alibaba    down 3.3%, JD.com    falls 1.1% and PDD Holdings down 1.6%   ** EV firms Li Auto    falls 3.4%, Nio    down 2.6% and Xpeng    slides 5.6%    ** Gaming stock Bilibili    slides 4.1%, Baidu down 3.3%, video platform iQIYI    falls 3.9%   ** Tencent Music    down 2.1%, Weibo  ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0328353924.USD","BK1128","LU0327786744.USD","LU0417516902.SGD","09626","LU1813983027.USD","HBBD.SI","09988","09898","IE00BGV7N243.SGD","01698","LU0345776255.USD","BIDU","MCHI","BK1586","LU0127658192.USD","JD","BABA","LU0871576103.HKD","LI","LU0540923850.HKD","LU0588546209.SGD","LU1282651121.HKD","LU0143863198.USD","PDD","LU0828237940.HKD","89988","LU1868837565.USD","89888","89618","09618","LU0039217434.USD","09866","09868","LU0370786039.SGD","BK1591","LU0197773160.USD","LU1044876610.USD","LU1880398471.USD","LU0106252389.USD","LU1642822792.SGD","LU1770034418.SGD","LU1981816686.USD","02015","LU0384037296.USD","LU0228367735.SGD","09888","LU1064131342.USD","LU2097828631.EUR","IQ"],"gpt_icon":1},{"id":"2485234390","title":"China stocks post worst day in 6 weeks as poor tech earnings, Trump fears weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2485234390","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485234390?lang=en_us&edition=fundamental","pubTime":"2024-11-22 17:36","pubTimestamp":1732268176,"startTime":"0","endTime":"0","summary":"China stocks post worst day in 6 weeks as poor tech earnings, Trump fears weighUpdates to market closeBy Summer Zhen","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241122:nL1N3MT07W:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PDD","BIDU","U10.SI"],"gpt_icon":1}],"pageSize":16,"totalPage":25,"pageCount":23,"totalSize":400}]}}