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Cephei Capital Management Hong Kong Ltd Has $5.56 Million Position in Pinduoduo Inc. (NASDAQ:PDD)

Source: zolmax.com zolmax.com
News Snapshot:

Cephei Capital Management Hong Kong Ltd cut its stake in shares of Pinduoduo Inc. (NASDAQ:PDD – Get Rating ) by 45.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 95,385 shares of the company’s stock after selling 80,385 shares during the quarter. Pinduoduo comprises approximately 75.3% of Cephei Capital Management Hong Kong Ltd’s portfolio, making the stock its biggest position. Cephei Capital Management Hong Kong Ltd’s holdings in Pinduoduo were worth $5,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other…

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