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Temu s Parent PDD Trades Near Cheapest Level Ever as Geopolitical Risks Bite

(Bloomberg) Shares of Temu parent PDD Holdings Inc. are being held back by geopolitical risks and fierce competition in China’s e-commerce sector.Most Read from BloombergIsraeli Airstrike, Egyptian Guard’s Death Ratchet Up TensionsWall Street Moves to Fastest Settlement of Trades in a CenturyFor Private Credit's Top Talent, $1 Million a Year Is Not EnoughMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAICatering to the Ultra-Rich Is a Booming Business in AustraliaGranted, it US-listed st

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Temu s parent PDD trades near cheapest level ever as geopolitical risks bite

Temu s parent PDD trades near cheapest level ever as geopolitical risks bite
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Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors

Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors
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David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China

(Bloomberg) Billionaire investor David Tepper loaded up on beaten-down Chinese stocks last quarter while reducing stakes in high-flying US tech firms, leading hedge fund managers who are slowly warming up to China amid a record gap in valuations between the two markets.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’With a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceJamie Dimon Sees ‘

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Markets today: Stock selloff deepens as traders adjust rate bets

Markets today: Stock selloff deepens as traders adjust rate bets
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