Pinduoduo Aktie News

A Chinese regulator introduced more market-friendly measures over the weekend. Tencent announced it would be releasing an established hit game for the Chinese mobile market earlier than expected.

Shares of Apple, PDD Holdings, and UnitedHealth Group are all down this year. Yet, these businesses have some exciting long-term growth opportunities ahead.

Republican Congressman Brian Mast of Florida on Tuesday sent a letter to the FTC urging the commission to probe Chinese e-commerce site Temu's alleged CCP ties.

You might not be very familiar with PDD (NASDAQ: PDD ), but this is the holding company that owns China-based e-commerce platform Pinduoduo. However, there's more to the story.

Chinese exports and imports both fell in March, missing expectations. China is also blocking foreign-made chips from its telecoms.

China is home to one of the biggest economies in the world, and after lifting its long, strict COVID regulations, it is on the rebound. Despite slow growth in the second half of last year, which caused many stocks to take a hit, some stocks have still persevered and produced excellent results.

PDD Holdings is a secretive company with strong growth and free cash flows, making its stock cheap at 13x forward free cash flow. The company has nearly $7.5 billion of net cash and could easily repay its convertible notes. PDD has the potential for 60% CAGR in 2024 and could see $15 billion of free cash flow, making its current valuation of 13x free cash flow undervalued.

Chinese stocks are so incredibly unloved these days after many years of being dragged down by the bears. Undoubtedly, the geopolitical risks associated with the names are still very much present.