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Shein Stock Waited Years to IPO Only to Flop. Blame Trump.
Barrons.com18d agoneutral
Shein Stock Waited Years to IPO Only to Flop. Blame Trump.

Shein stock had a trading debut to forget on Tuesday, summing up the waning fortunes of a company that was at one point expected to upend the entire fast-fashion market. There have been plenty of stellar IPOs in China this year—the most notable being memory-chip maker CXMT which surged 466% on its trading debut in July to become the country’s most valuable company. Shein never looked likely to join the club.

Hayden Capital: Deconstructing PDD Holdings (PDD) Investment Thesis and Exit
Insider Monkey22d agoneutral
Hayden Capital: Deconstructing PDD Holdings (PDD) Investment Thesis and Exit

Hayden Capital, an investment management firm, released its second-quarter 2026 investment letter. The letter can be downloaded here. In the second quarter, the portfolio gained 6.9%, compared to the S&P 500’s 15.2%. Overall, approximately 34% of the portfolio is in Asia, 43% in North America, and the rest spread across other regions. Hayden Capital remains […]

PDD (PDD) Grew Revenue 8% but GAAP Net Income Fell 12%. Are Merchant Investments Producing Enough Growth?
Insider Monkey22d agoneutral
PDD (PDD) Grew Revenue 8% but GAAP Net Income Fell 12%. Are Merchant Investments Producing Enough Growth?

PDD Holdings Inc. (NASDAQ:PDD) reported second-quarter revenue of RMB112.4 billion, up 8% year over year but below the RMB116.35 billion consensus estimate. GAAP net income attributable to ordinary shareholders declined 12% to RMB27.2 billion, while total operating expenses increased 13% to RMB36.6 billion. Shares gained approximately 3% in premarket trading following the results. However, PDD […]

Did PDD’s Higher Q2 Sales but Lower Profitability Just Shift PDD Holdings’ (PDD) Investment Narrative?
Simply Wall St.24d agoneutral
Did PDD’s Higher Q2 Sales but Lower Profitability Just Shift PDD Holdings’ (PDD) Investment Narrative?

PDD Holdings reported its Q2 2026 results, with sales rising to CNY 112,358 million from CNY 103,985 million a year earlier, while net income fell to CNY 27,182 million from CNY 30,754 million as earnings per share declined on both a basic and diluted basis. A key theme from the announcement was management’s decision to accept lower profitability in the near term as it steps up ecosystem investments and adjusts to higher costs from new EU customs rules affecting its international...

PDD Q2 Earnings Call Highlights
MarketBeat26d agoneutral
PDD Q2 Earnings Call Highlights

PDD (NASDAQ:PDD) reported second-quarter 2026 revenue growth of 8% as the e-commerce company continued to increase investment in platform governance, merchant support, supply-chain development and rural logistics. Net income declined as those investments weighed on profitability. Revenue for the qu

Is PDD Holdings (PDD) Undervalued As Ecosystem Spending Clouds Its Fair Value?
Simply Wall St.33d agoneutral
Is PDD Holdings (PDD) Undervalued As Ecosystem Spending Clouds Its Fair Value?

PDD Holdings (PDD) stock has been under pressure recently, with the share price down about 27% year to date and roughly 28% over the past year. That weak performance sets the backdrop for reassessing the company’s current fundamentals. See our latest analysis for PDD Holdings. The latest share price of PDD Holdings at US$84.79 reflects pressure that has built over 2024, with the stock’s 1 year total shareholder return down 28.35%. The 3 year total shareholder return remains positive at 8.62%,...

PDD Holdings (PDD) Stock May Be Below Fair Value After Earnings Pressure Concerns
Simply Wall St.33d agoneutral
PDD Holdings (PDD) Stock May Be Below Fair Value After Earnings Pressure Concerns

PDD Holdings has delivered a steep share price decline over the past year while its valuation checks still lean on the cheap side. That mix of weaker recent returns and relatively low multiples is putting the focus on whether the stock offers value or simply reflects growing concern about earnings quality. The share price is down 28.4% over the past year, which suggests investors have been reassessing how much they are willing to pay for PDD Holdings at its current fundamentals. Expectations...

Bloomberg68d agoneutral
Shein Is Said to Target Up to $3 Billion Hong Kong IPO by August

(Bloomberg) -- Shein Global Holdings Ltd. is seeking to list in Hong Kong as soon as in August after securing approval from China’s securities regulator, according to people familiar with the matter.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as

Bloomberg71d agoneutral
Shein Is Said to Move Ahead With Preparations for Hong Kong IPO

(Bloomberg) -- Shein Group Ltd. is moving ahead with preparatory work for a possible Hong Kong initial public offering, people familiar with the matter said, potentially capping a yearslong effort by the fast-fashion giant to go public.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsZuckerberg Pledges ‘Aggressive’ Pricing With Meta’s First Pay-to-Use AITrump Vents Anger With Iran and Warn

PDD Holdings (PDD) Stock May Be Undervalued Despite A 26% Slide
Simply Wall St.71d agoneutral
PDD Holdings (PDD) Stock May Be Undervalued Despite A 26% Slide

PDD Holdings stock has fallen 25.8% year to date, yet the valuation checks still lean cheap, which sets up a clear tension between weak recent returns and what the current price suggests about value. Year to date, the share price has declined 25.8%, which means investors are coming to this valuation debate after a material pullback rather than a hot streak. Recent expansion efforts such as the move into Xiongan New Area can support expectations for future growth, while legal action against...