Why PDD Holdings, Baidu, and Yum China Stocks Keep Going Up
The rally in Chinese stocks entered its second week Wednesday morning, with shares of Temu owner PDD Holdings ( PDD 3.75) rising 6 through 1010 a.m. ET. This was followed by internet search giant Baidu ( BIDU 2.37), which gained 3.9, and Pizza Hut and KFC operator Yum China Holdings ( YUMC 4.08) bringing up the rear with a gain of 3.6.
Posted by Hicham ALAOUI RIZQ on 2024, Oct 02
Introduction
The rally in Chinese stocks entered its second week Wednesday morning, with shares of Temu owner PDD Holdings ( PDD 3.75) rising 6 through 1010 a.m. ET. This was followed by internet search giant Baidu ( BIDU 2.37), which gained 3.9, and Pizza Hut and KFC operator Yum China Holdings ( YUMC 4.08) bringing up the rear with a gain of 3.6.
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