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Asia-Pacific stock markets under pressure, South Korean stocks lead the decline, SK Hynix drops 6% at one point, Bitcoin surpasses $80,000, US Treasuries fluctuate at high levels.

Asia-Pacific stock markets under pressure, South Korean stocks lead the decline, SK Hynix drops 6% at one point, Bitcoin surpasses $80,000, US Treasuries fluctuate at high levels.

South Korea's memory chip giants Samsung Electronics and SK Hynix fell sharply on Monday, dragging the KOSPI index down more than 4% at one point and putting pressure on Asia-Pacific tech stocks overall. Market sentiment turned cautious as investors reduced exposure to tech stocks, waiting for Nvidia'
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Wall Street interprets Pinduoduo's financial report: Short-term profits under pressure, but investments in self-operated business and supply chain target long-term moat.

Wall Street interprets Pinduoduo's financial report: Short-term profits under pressure, but investments in self-operated business and supply chain target long-term moat.

Wall Street's consensus on Pinduoduo's latest financial report is out: it's a mixed bag. Facing a constantly evolving global regulatory environment and intense domestic competition, Pinduoduo is proactively choosing the difficult path of "sacrificing short-term profit for long-term competitive barriers." A WallstreetCN
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