On July 27, PDD Holdings Inc rose 3.16% in regular trading, trading at $85.35/share, with turnover of $149 million.

On the news front, the company's strategic expansion efforts are gaining momentum. PDD's Xiongan subsidiary has surpassed 2,000 employees, with peak single-day onboarding exceeding 200 people. The company's plan to recruit 5,000 employees within one year is expected to be completed ahead of schedule. Meanwhile, PDD completed the acquisition of the entire DBS Bank Tower in Lujiazui, Shanghai for 3.3 billion yuan, establishing key asset positions in both Shanghai and Xiongan.

In Xiongan, PDD is focusing on core digital economy operations including big data processing, digital operations and maintenance, and cloud platform services, aligning with national strategic initiatives. The dual growth strategy spanning domestic and overseas markets continues to support valuation recovery expectations.

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