Pinduoduo Inc. Sponsored ADR (PDD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?

5 Tech Stocks Leading the Latest Nasdaq ETF Rally

11:24am, Thursday, 02'nd Sep 2021
Most of the rally was powered by renewed buying in the high-growth tech giants as tapering fears ease as well as optimism over a sustained economic recovery.
Using its food delivery expertise, this rising services marketplace looks to take a bite out of other huge e-commerce giants.
Pinduoduo stock is significantly undervalued compared to its peers as our model indicates an intrinsic value of $199. Pinduoduo has a huge total addressable market and offers a quite differentiated bu

Value Partners' Top 5 Semi-Annual Trades

03:14pm, Tuesday, 31'st Aug 2021
Hong Kong-based asset management firm Value Partners (Trades, Portfolio) has revealed its portfolio for the first half of 2021. Top trades for the period include selling out of Vipshop Holdings Ltd.
Bloomberg reports that Alibaba Group Holding Ltd (NYSE: BABA) and Pinduoduo Inc (NASDAQ: PDD) brace for more trouble as China seeks tighter intellectual property norms on the e-commerce sector. The

5 Most-Loved ETFs of Last Week

12:56pm, Monday, 30'th Aug 2021
ETFs overall gathered about $8.5 billion capital last week (ending Aug 26), bringing inflows of $569.6 billion year to date.
Pinduoduo Inc (NASDAQ:PDD) is better able to improve its relationship with the Chinese government compared to rivals such as Alibaba Group Holding (NYSE:BABA) and JD.com Inc (NASDAQ:JD), according to�
Cathie Wood-led Ark Invest on Friday snapped up yet more shares in Pinduoduo Inc (NASDAQ:PDD), its fourth straight-session buy in the agriculture-focused tech platform. Ark Invest bought 62,767 shares
Cathie Wood-led Ark Invest on Thursday piled up yet more shares in the Pinduoduo Inc (NASDAQ:PDD), its third straight buy in the agriculture-focused tech platform after months of trimming its exposure
After cutting huge positions of Chinese stocks across the Ark Funds ETFs, Cathie Wood is getting back in with three names added Wednesday. What Happened: Earlier this week, Ark Invest CEO Cathie Wood

Cathie Wood buying up Chinese stocks

01:43pm, Thursday, 26'th Aug 2021
Kate Rooney joins the Halftime Report with news from Cathie Wood, whose FinTech ETF just invested in Chinese stocks.
U.S. stocks hit a record on Monday, the S&P's 49th of the year overcoming early weakness tied to weaker than expected economic data from China. Concerns about China's economy and regulatory crackdown,
Cathie Wood-led Ark Invest on Wednesday trimmed all of its exposure to Netflix Inc (NASDAQ:NFLX) in one of the two active exchange-traded funds that own shares in the streaming video on-demand ser
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