Weekly Recap | PDD -4.06%, holding near one-month low
Weekly Review·- Pinduoduo fell 4.06 % this week to close at 82.21 dollars, underperforming the S & P 500 amid weaker cross-border e-commerce sentiment and heavy investment periods. - A total of 38 institutions maintain a consensus buy rating with a target price of 116.10 dollars, reflecting a significant divergence in price expectations. - Future performance will be influenced by upcoming U.S. macroeconomic data releases and Temu's ongoing logistics and compliance developments.Weekly Recap | JD.com -1.67%, most brokers rate it buy
Weekly Review·- JD.com fell 1.67 % this week to close at 28.26 USD amidst broader pressure on Chinese stocks. - The company reported operational progress including 15 % user growth for JD Supermarket and a new CFO appointment at JD Logistics. - A consensus of 37 institutions maintains a strong buy rating with an average target price of 39.59 USD.