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State of New Jersey Common Pension Fund D Reduces Stake in PDD Holdings Inc. (NASDAQ:PDD) - Vimarsana News

State of New Jersey Common Pension Fund D Reduces Stake in PDD Holdings Inc. (NASDAQ:PDD)

State of New Jersey Common Pension Fund D lessened its stake in shares of PDD Holdings Inc. (NASDAQ:PDD – Free Report) by 18.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 125,039 shares of the company’s stock after selling 28,800 shares […]

Founder of discount e-shopping firm PDD races up China's annual rich list - Vimarsana News

Founder of discount e-shopping firm PDD races up China's annual rich list

Colin Huang was the fastest riser in this year’s Hurun Rich List, leaping seven places to be ranked China’s third richest man with a $37.2-billion fortune

Richard Liu's Fortune Drops $6.6 Billion As Woes Mount For JD.com - Vimarsana News

Richard Liu's Fortune Drops $6.6 Billion As Woes Mount For JD.com

Liu has seen his wealth cut by more than half as his e-commerce site struggles to adapt to China's tepid economic recovery.

Source: forbes.com
PDD Holdings Inc. (NASDAQ:PDD) Shares Sold by Shell Asset Management Co. - Vimarsana News

PDD Holdings Inc. (NASDAQ:PDD) Shares Sold by Shell Asset Management Co.

Shell Asset Management Co. reduced its holdings in PDD Holdings Inc. (NASDAQ:PDD – Free Report) by 50.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,464 shares of the company’s stock after selling 36,806 shares during the quarter. Shell Asset Management Co.’s […]

Investors Bet Thriftier Chinese Shoppers Are Here to Stay - Vimarsana News

Investors Bet Thriftier Chinese Shoppers Are Here to Stay

Shares of retailers that offer value-for-money products have climbed along with their sales

Source: wsj.com