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(PDD) Surged On Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2513229072","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513229072?lang=en_us&edition=fundamental","pubTime":"2025-02-22 13:39","pubTimestamp":1740202776,"startTime":"0","endTime":"0","summary":"The stock market suffered a bloodbath on Friday, with major indices posting whopping declines, as investors sold off positions for saver havens amid concerns about a slowing economy and sticky inflation.The Dow Jones fell by 1.69 percent, the S&P declined by 1.71 percent, while the tech-heavy Nasdaq nosedived by 2.20 percent.Meanwhile, 10 stocks—predominantly Chinese firms—defied a broader market downturn, clocking in gains.To come up with Friday’s best performers, we considered only the stocks with $2 billion in market capitalization and $5 million in daily trading volume.PDD Holdings grew its share prices by 5.57 percent on Friday to end at $131.34 apiece as investors continued to gobble up shares in Chinese firms on growth expectations bolstered by Chinese AI platform DeepSeek.With Chinese firms and government agencies slowly adopting DeepSeek AI models into their operations, investors are noticeably scrambling to place their bets to take advantage of relatively lower share prices.D","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-pdd-holdings-inc-pdd-053936181.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1048596156.SGD","BK4503","PSQ","HSAI","LU0823397285.USD","IE00B12V2V27.USD","TSYW.SI","USJW.SI","PONY","USAW.SI","PDD","QID","BK4124","BK4526","LU0348816934.USD","BK4108","BK4524","QLD","LU0561508036.HKD","TQQQ","LU1720050803.USD",".IXIC","LU0348805143.USD","BK4531","NVIW.SI","BK4581","LU1023057109.AUD","SG9999011746.SGD","LU0823038988.USD","LU1242518857.USD","01698","BK4535","LU","LU0359202008.SGD","TME","09988","SQQQ","MNQmain","LU0918141887.USD","LU1152091754.HKD","BK4122","LU1868837565.USD","HK0000306701.USD","NQmain","LU0348827113.USD","BK4543","LU1242518931.SGD","BK4588","BABA"],"gpt_icon":1},{"id":"2513229066","title":"Why Lufax Holding Ltd. (LU) Surged On Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2513229066","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513229066?lang=en_us&edition=fundamental","pubTime":"2025-02-22 13:36","pubTimestamp":1740202564,"startTime":"0","endTime":"0","summary":"The stock market suffered a bloodbath on Friday, with major indices posting whopping declines, as investors sold off positions for saver havens amid concerns about a slowing economy and sticky inflation.The Dow Jones fell by 1.69 percent, the S&P declined by 1.71 percent, while the tech-heavy Nasdaq nosedived by 2.20 percent.Meanwhile, 10 stocks—predominantly Chinese firms—defied a broader market downturn, clocking in gains.To come up with Friday’s best performers, we considered only the stocks with $2 billion in market capitalization and $5 million in daily trading volume.A person's hands typing on a keyboard, circling around a wealth management platform, signifying the company's cutting-edge technology.Lufax Holding saw its share prices grow by 5.44 percent on Friday to close at $3.1 as funds continued to flock to Chinese stocks on expectations that the booming Artificial Intelligence industry in China, thanks to DeepSeek, would bolster growth of firms across all industries.Last 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