Kam Anthony Ping Leung sold $140K of PDD

PDD Holdings reported Q2 revenue of RMB 112.4B, up 8% YoY, with transaction services revenue rising 13%. Operating profit increased 8% to RMB 27.8B, while net income fell 12% to RMB 27.2B. The company highlighted strong cash generation and investments in supply chain and governance, but warned of near-term margin pressure due to rising costs and regulatory challenges.

Shein's IPO on the Hong Kong Stock Exchange valued the company at $26.3B, down from a $100B private-market peak. Shares fell 10% initially, then closed near the IPO price. PDD Holdings, Temu's parent, reported lower revenue and net income due to tariff changes. Both companies face challenges from duty exemptions ending in the U.S. and EU.

Bitcoin's rise lifted Strategy's stock to $122.63, enabling a $2.01B stock sale. SoftBank plans a $6.3B bond sale for OpenAI investments, raising risks. PDD Holdings reported $2.85 EPADS, $16.6B revenue, and $67.3B cash.

PDD Holdings Inc. (PDD) reported Q2 revenue of RMB112.4B, up 8% YoY but below estimates. GAAP net income fell 12% to RMB27.2B. Non-GAAP EPS exceeded estimates but declined 12.4%. Operating expenses rose 13%. Shares gained 3% premarket. Revenue growth slowed from 11% to 8%, with transaction-services revenue up 13%. Cash flow increased 19% to RMB25.7B. Hedge fund holdings declined to 52 from 66.

PDD Holdings reported Q2 2026 earnings: revenue RMB112.4B (+8% YoY), net profit RMB27.2B (-12% YoY). Management highlighted progress in merchant support and supply-chain upgrades, despite market challenges. The company increased investments in platform governance and ecosystem development, including food safety measures and agricultural initiatives. According to the company, the self-operated brand business is progressing smoothly, with plans to drive supply-chain transformation and upgrade trad

PDD Holdings (PDD) reported Q2 2026 revenue growth of 8% to RMB 112.4b, but net income fell 12% to RMB 27.2b. Non-GAAP operating margin compressed by 1 percentage point to 26%. The company is increasing spending on its ecosystem, with operating expenses rising 16% and R&D up 40%. The stock price reacted minimally, up 0.8% to $87.75.