Cephei Capital Management Hong Kong Ltd lifted its stake in Pinduoduo Inc. (NASDAQ:PDD) by 4.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 175,770 shares of the company’s stock after buying an additional 7,700 shares during the period. Pinduoduo makes up approximately 25.0% of Cephei Capital Management Hong Kong Ltd’s investment portfolio, making the stock its 2nd biggest position. Cephei Capital Management Hong Kong Ltd’s holdings in Pinduoduo were worth $15,937,000 as of its most recent SEC filing. Several other hedge funds also recently modified their...