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  Forget Alibaba（BABA)!  These 3 Chinese technology stocks are more worth buying   　　 Hello everyone, Alibaba is China's largest e-commerce and cloud company. From January to late May, Alibaba's market value has shrunk by nearly 10%, lagging behind many peers.  Antitrust investigations in China, stricter auditing standards in the United States, and funding from growth stocks to value stocks have all dragged down Alibaba's stock price.   　　 Alibaba’s stock is trading at an expected price-to-earnings ratio of 18 times, which may seem cheap, but analysts still expect Alibaba’s earnings to fall by 3% this year because it has absorbed a record US$2.75 billion in antitrust fines.  It also needs to stop exclusive deals with big brands, which may weaken the company's defenses against smaller e-commerce markets.   　　 But this is not all. Alibaba may be forced to divest media assets and share user data with the government, and the group's financial technology su...

PDD released the financial report for the first quarter of 2021.  According to the financial report, as of March 31, 2021, Pinduoduo's annual active buyers reached 823.8 million, a net increase of 195.7 million over the same period of the previous year, leading China's other domestic e-commerce platforms for the second consecutive quarter.  In terms of revenue, Pinduoduo’s revenue in the first quarter was 22.167 billion yuan, a year-on-year increase of 239% from 6.541 billion yuan in the same period last year.    Under non-general accounting standards, the platform’s net loss attributable to ordinary shareholders in the first quarter was RMB 1,890.3 billion, compared with a net loss of RMB 3.169 billion in the same period last year, and the net loss was significantly narrowed.  PDD officially enters a new era of 800 million users  The financial report shows that as of March 31, 2021, the number of active buyers on the Pinduoduo platform reached 823.8 m...