10 Best Asian Stocks to Invest in According to Analysts

6. PDD Holdings Inc. (NASDAQ:PDD)

Upside Potential: 33.13%

Stock Price as of January 27: $110.88

Number of Hedge Fund Holdings: 78

PDD Holdings Inc. (NASDAQ:PDD), based in China, is the parent company of Pinduoduo, a leading e-commerce platform in China known for its innovative group-buying model. The company specializes in social commerce, enabling users to participate in group buying to access discounts. PDD Holdings Inc.’s (NASDAQ:PDD) international platform “Temu” operates in over 50 countries globally and serves price-conscious consumers.

PDD Holdings Inc. (NASDAQ:PDD) is working closely with manufacturers to explore comprehensive supply chain models, assisting them in enhancing manufacturing processes and boosting brand recognition. The company is also leveraging its digital expertise to support high-quality merchants in areas such as product development, marketing, operations, and supply chain management. By fostering strong collaborations with manufacturers and merchants, PDD Holdings Inc. (NASDAQ:PDD) aims to drive industry transformation and progress, ultimately delivering greater value to consumers through improved products and services.

Additionally, PDD Holdings Inc. (NASDAQ:PDD) has launched a $1.36 billion fee reduction initiative. This program includes service fee refunds, reduced fees for buy now and pay later services, lower security deposit requirements, and a more efficient fund withdrawal process. These measures have significantly lowered operating costs for merchants, particularly those in the agricultural and national goods sectors, enabling them to reinvest in product development and technological innovation.