--- title: "Breaking news! PDD plunged 7% in pre-market trading" type: "News" locale: "en" url: "https://longbridge.com/en/news/214285183.md" description: "Pinduoduo's stock price fell by 7% in pre-market trading as the US unilaterally introduced new rules targeting Shein and Temu to curb alleged US trade loopholes \"abuse\". Alibaba and JD.com's US stocks also experienced a temporary drop in pre-market trading" datetime: "2024-09-13T11:45:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/214285183.md) - [en](https://longbridge.com/en/news/214285183.md) - [zh-HK](https://longbridge.com/zh-HK/news/214285183.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/214285183.md) | [繁體中文](https://longbridge.com/zh-HK/news/214285183.md) # Breaking news! PDD plunged 7% in pre-market trading Pinduoduo's stock price fell by 7% in pre-market trading due to new rules introduced by the US targeting Shein and Temu to curb alleged "abuse" of US trade loopholes. Alibaba and JD.com's US stocks also experienced a temporary plunge in pre-market trading ### Related Stocks - [PDD Holdings Inc. (PDD.US)](https://longbridge.com/en/quote/PDD.US.md) - [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md) - [JD.com, Inc. (JD.US)](https://longbridge.com/en/quote/JD.US.md) ## Related News & Research - [JD.com Plans Offshore CNY Bond Offering to Refinance Debt](https://longbridge.com/en/news/281116889.md) - [PDD Earnings: Temu Owner's Stock Pops despite Q4 Miss, Faces Hit from Investments](https://longbridge.com/en/news/280474073.md) - [Evanson Asset Management LLC Purchases Shares of 5,080 Alibaba Group Holding Limited $BABA](https://longbridge.com/en/news/280440745.md) - [Earnings Snapshot: PDD Holdings revenue rises 12% on marketing, transaction growth, but misses estimates](https://longbridge.com/en/news/280460136.md) - [PDD Holdings Non-GAAP EPADS of $2.53 misses by $0.52, revenue of $17.72B misses by $390M](https://longbridge.com/en/news/280458024.md)