Singapore markets closed
  • Straits Times Index

    3,394.21
    +17.02 (+0.50%)
     
  • Nikkei

    27,382.56
    +19.81 (+0.07%)
     
  • Hang Seng

    22,688.90
    +122.12 (+0.54%)
     
  • FTSE 100

    7,769.03
    +7.92 (+0.10%)
     
  • BTC-USD

    22,945.14
    -28.91 (-0.13%)
     
  • CMC Crypto 200

    519.97
    -7.21 (-1.37%)
     
  • S&P 500

    4,060.43
    +44.21 (+1.10%)
     
  • Dow

    33,949.41
    +205.57 (+0.61%)
     
  • Nasdaq

    11,512.41
    +199.06 (+1.76%)
     
  • Gold

    1,926.90
    -3.10 (-0.16%)
     
  • Crude Oil

    81.95
    +0.94 (+1.16%)
     
  • 10-Yr Bond

    3.4930
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,497.55
    -0.84 (-0.06%)
     
  • Jakarta Composite Index

    6,898.98
    +34.16 (+0.50%)
     
  • PSE Index

    7,052.16
    +9.46 (+0.13%)
     

Better Chinese Tech Stock: Pinduoduo vs. Bilibili

Better Chinese Tech Stock: Pinduoduo vs. Bilibili

Pinduoduo's stock surged 13% on Nov. 28 after the Chinese e-commerce company's third-quarter numbers easily cleared analysts' expectations. Bilibili's stock soared 22% on Nov. 29 after the gaming, digital media, and e-commerce company's Q3 earnings also comforatably beat analysts' estimates. Is it safe to buy either of these Chinese tech stocks right now as their home market grapples with slowing economic growth, COVID-19 lockdowns, social unrest, and unpredictable crackdowns and regulations?