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?
Yahoo Finance's Jared Blikre breaks down how Asia stocks are responding to news that China is easing COVID restrictions in Beijing.
(Bloomberg) -- Shares of GoTo Group plunged to yet another record low after a lock-up on its major shareholders’ stakes expired, freeing early backers to reduce their holdings.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceNew York, Singapore Are the World’s Most Expensive Cities Right NowFTX Missing Billi