$PDD(PDD.US) is a torture for long-term funds to hold until it falls to despair. The fastest-growing Chinese concept stock in China, with a PE of only 7x, is still being nitpicked by short sellers. Even though its valuation is less than 80% of Alibaba and Kuaishou, it's still being 'buy low, sell high' by a bunch of people. It's truly a disaster for lo funds.
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