PDD
Total AssetsI think Fu Peng is wrong, A-share assets will rise.
The U.S. interest rate cut has led to global liquidity easing. Our assets are cheap, so will capital return?
Fu Peng: From a capital perspective, it's not about how cheap you are now, but how valuable you can become in the future! If you're cheap now and even cheaper later, why would capital come?
I feel Fu Peng is not far from Liu Jipeng's fate.
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