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PDD Holdings Inc Surges to 57th in Daily Rankings with 15.13 Billion Turnover
Generated by AI AgentAinvest Volume Radar
Wednesday, Jul 23, 2025 6:59 pm ET1min read
Aime SummaryOn July 23, 2025,
Inc. (PDD) saw a significant increase in trading volume, with a turnover of 15.13 billion, marking a 53.86% rise from the previous day. This surge placed at the 57th position in the daily stock market rankings. The company's stock price also rose by 2.97%, extending its winning streak to seven consecutive days, with a total increase of 15.67% over the past week.PDD Holdings Inc. has appointed Ernst & Young in Hong Kong as its new auditor for the year ending December 31, 2025. This change in auditing firm may have implications for the company's operational transparency and stakeholder confidence. The move to a Hong Kong-based auditor has led analysts to speculate that PDD Holdings Inc. may be preparing for a second listing in Hong Kong.
PDD Holdings Inc. has filed a Form 6-K report with the Securities and Exchange Commission, detailing the appointment of Ernst & Young as its new independent registered public accounting firm. This appointment replaces the previous auditor, Ernst & Young Hua Ming LLP. The change in auditing firm is expected to enhance the company's financial reporting and internal control over financial reporting.
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