PDD Holdings: Too Cheap To Ignore
PDD(PDD) seekingalpha.com·2024-05-16 11:01
AsiaVision Summary I am not a fan of Chinese stocks for a multitude of reasons, the most relevant is fear of the unknown given that the CCP (Chinese Communist Party) has absolute rule and can and has changed the investment landscape and rules with a stroke of a pen, no voting necessary. At the same time, the Chinese economy is maturing, the population is in decline and aging, and it is locked into a long-term commercial conflict with the US and other developed nations on a host of dilemmas, some due to ...