PDD Holdings Inc. stock closed at $127.45 (+2.56%) on October 10, 2025, rebounding after a significant decline to $124.27 (-5.32%) the previous session, which was triggered by renewed U.S.-China trade tensions and President Trump's threat of 100% tariffs on Chinese imports. The selloff affected major Chinese tech stocks, including PDD, BABA, and JD, as investors reacted to the heightened risk of an economic clash. Despite the recovery, PDD remains under pressure from global trade risks, but recent analyst commentary notes its strong revenue growth and continued popularity of its Temu platform. No new company-specific announcements were reported on October 13, 2025, and the stock's movement appears closely tied to broader geopolitical developments and market sentiment.