---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42848924.md"
description: "$PDD(PDD.US) If Tencent's stock price continues to plummet, will they reduce their holdings in Pinduoduo to maintain the intensity of share buybacks and capital expenditures? I think this possibility is indeed there."
datetime: "2026-07-22T08:04:51.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42848924.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42848924.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42848924.md)
author: "[看我装糖阴他一手](https://longbridge.com/en/profiles/10013152.md)"
---

# $PDD(PDD.US) If Tencent's stock price continues to…


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## Comments (1)

- **海力士你玩夠未 · 2026-07-22T08:08:15.000Z**: Pinduoduo won't leave once it makes money