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Commentary: Shein’s IPO has only one winner | 2026-08-30
Shein spent years recasting itself as a global company, only to discover that its greatest strength remains unmistakably Chinese, says Juliana Liu for Bloomberg Opinion. -
Hayden Capital: Deconstructing PDD Holdings (PDD) Investment Thesis and Exit | 2026-08-28
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? | 2026-08-27
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? | 2026-08-26
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... -
After Burry ditched Alibaba for JD, Alibaba proved his point | 2026-08-25
The investor bailed on share dilution fears. A day later, Alibaba priced a $10.3B offering that sent shares tumbling. -
Shein's stock market listing will not mask sustainability challenges | 2026-08-24
LONDON, Aug 25 : Shein is finally going public, but in a far more hostile world than when the Chinese online retail giant's IPO journey began five years ago.The company has worked hard to address environmental, social and governance (ESG) concerns that have triggered regulatory investigations and fines in sev -
Shein's stock market listing will not mask sustainability challenges | 2026-08-24
LONDON: Shein is finally going public, but in a far more hostile world than when the Chinese online retail giant's IPO journey began five years ago.The company has worked hard to address environmental, social and governance (ESG) concerns that have triggered regulatory investigations and fines in several coun -
Focus: Shein's stock market listing will not mask sustainability challenges | 2026-08-24
Shein is finally going public, but in a far more hostile world than when the Chinese online retail giant's IPO journey began five years ago. -
PDD Holdings Inc (PDD) (Q2 2026) Earnings Call Highlights: Revenue Growth Amid Strategic ... | 2026-08-24
PDD Holdings Inc (PDD) reports 8% revenue increase to RMB112.4 billion, but net income declines 12% as the company prioritizes long-term ecosystem building and navigates EU customs changes. -
Memory Stocks Slide as Trump Threatens 50% Tariffs on Canadian Autos, Steel in 2027: Stock Market Today | 2026-08-24
US equities mixed as tech stocks drag Nasdaq 100 lower, Trump escalates trade fight with Canada, and Fed Chair Warsh speaks at Jackson Hole.
News source: finlight
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