Charting China's market wave: updates on JD, Pinduoduo, Lululemon, real estate, and more - Charts of the Week

Latest investment opportunities in 14 charts

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Welcome back to our "charts of the week" series. This series provides key data points to understand China's market and general affairs in just a few minutes. It's designed to quickly highlight the critical data points you need to focus on, and it's concise enough to read during your commute or a brief elevator ride.

China's equity market has been eventful in recent month — several industry giants announced positive developments, such as JD.com announcing a 4 billion share buyback program, and sports giant Li Ning's rally driven by positive corporate earnings and better than expected retail sales. However, the e-commerce giant Pinduoduo, the biggest e-commerce player in China, tanked in prices upon the Financial Times' report suggesting the company is a fraud.

This edition of "Charts of the Week" provides an overview of key players across various industries. It aims to help you understand the opportunities and performances of China's industry giants, using proprietary data from BigOne Lab. We have selected the top companies for you to watch from the 4,000+ publicly listed companies we track.

Pinduoduo is maintaining its hiring momentum

Job posting data from various major online recruitment platforms in China suggests that Pinduoduo has maintained its hiring momentum throughout 2023 and into the first two months of 2024. Compared to other Chinese internet peers, Pinduoduo has shown higher year-on-year growth in the number of job postings, indicating the company's expansion.

The recent Financial Times report on Pinduoduo has caused quite a stir. Pinduoduo's stock price tanked after the report suggested that the company might be a fraud and highlighted its secretive nature.

Robert Wu

has recently published an article to thoroughly explain the strategic reasons behind PDD's secrecy and refute the fraud allegations by emphasizing the company's unique approach to e-commerce. I highly recommend investors to check it out!

PDD's secretive founder, his mentor and Warren Buffet - and why Financial Times was clueless

China e-commerce sales: Douyin leading the way

Continue reading to unlock key data points for major leaders, including the recent online sales growth of Douyin, Kuaishou, JD, and Tmall. This also includes key operational metrics for China's big names such as Meituan and Luckin (number of orders), sports brand sales including Lululemon, Nike, Li Ning, etc., EV makers (job postings) like Li Auto, Nio, BYD, as well as high-growth sector opportunities.

To get a sense of what is offered, you are welcome to check out this older post in the same series: Charts of the Week. You can also get free access by sharing us.