Why LI, GDS, and PDD Stocks Are Moving Today
GDS(GDS) Gurufocus·2024-10-08 00:00
Chinese stocks are capturing attention today as investors react to recent stimulus measures by the Chinese government alongside a strong U.S. jobs report. Interestingly, despite positive analyst upgrades, PDD Holdings (PDD, Financial) experienced a dip of 1.96% in its stock price, currently trading at $151.24. Meanwhile, Li Auto (LI) and GDS Holdings (GDS) enjoyed gains, rising by 2% and 1.5%, respectively.The Hang Seng index's impressive 34% rally over the past month underscores the impact of government in ...