Why PDD Holdings Stock Jumped 40% in September

By Yahoo! Finance | Oct 7, 2024 at 05:52 PM EST

PDD Holdings' stock surged 40% in September due to China's economic stimulus efforts, including an interest rate cut. Despite challenges from the pandemic and past tech crackdowns, PDD Holdings is showing strong growth potential, outperforming competitors like Alibaba and JD.com.

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