The best China stocks include Tesla archrival BYD as well as messaging and gaming giant Tencent and e-commerce leader PDD Holdings.
Some controversy surrounds the Temu owner.
Pinduoduo, the mainland budget-shopping platform of PDD Holdings, has introduced an "automated price-tracking system" for merchants to swiftly adjust prices online, as China's e-commerce giants gear up for this year's 618 shopping festival. The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to "keep pace with [the pricing strategy of] competitors", according to a report by Chinese digital media DoNews on Thursday. The system,