The Latest Breaking News from Pinduoduo

Alibaba stock and that of other technology companies saw their stocks jump as China officials curtailed many Covid restrictions.

Several China stocks are doing well, setting up near potential buy points or early entries.

Futures fell amid China Covid unrest. Be cautious as the S&P 500 faces a big test with key economic data due.

Upgrades

Someone with a lot of money to spend has taken a bullish stance on Pinduoduo (NASDAQ:PDD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Key Takeaways: Nearly two months after its launch, Pinduoduo’s cross-border e-commerce Temu app is among the top U.S. e-commerce apps based on new download rankings Despite its early success, the app will face a series of challenges in its target U.S. market, including cutthroat competition and high marketing expenses

A whale with a lot of money to spend has taken a noticeably bullish stance on Pinduoduo. Looking at options history for Pinduoduo (NASDAQ:PDD) we detected 24 strange trades.

Key Takeaways: Key factors in a JD share-price rally would be the results of a U.S. regulatory review of Chinese stocks and the expected launch next year of a scheme to promote dual-currency share trading in Hong Kong A settlement in a sexual assault case against company founder Richard Liu…

Pinduoduo shows rising price performance, earning an upgrade to its IBD Relative Strength Rating.