
US Stock Market Movement | BlackRock significantly increases its holdings, PDD rises by over 7.7%

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On Tuesday, PDD's stock price rose, with the stock up over 7.7% to $134.6 as of the time of publication. According to disclosure documents, BlackRock held approximately 29 million shares of PDD in the second quarter of this year, equivalent to 2.1% of the total share capital. Based on documents disclosed by the SEC on October 21st, BlackRock's holdings increased significantly to approximately 132 million shares, equivalent to 9.5% of the total share capital
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