On May 27,
$PDD Holdings (PDD.US)$ PDD Holdings released its Q1 results, reporting revenue of RMB
106.2 billion, an 11% year-over-year increase, below the market expectation of RMB 108.602 billion; net income attributable to ordinary shareholders was RMB
12.5 billion, down 15% year-over-year. Following the earnings release, PDD Holdings’ pre-market share price dropped nearly 6%. What’s your take on PDD Holdings’ earnings? What’s your trading strategy after the results?