Cephei Capital Management Hong Kong Ltd decreased its position in Pinduoduo Inc. (NASDAQ:PDD – Get Rating ) by 45.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 95,385 shares of the company’s stock after selling 80,385 shares during the period. Pinduoduo comprises about 75.3% of Cephei Capital Management Hong Kong Ltd’s investment portfolio, making the stock its biggest holding. Cephei Capital Management Hong Kong Ltd’s holdings in Pinduoduo were worth $5,561,000 at the end of the most recent reporting period. Other institutional investors have also recently bought and sold shares of...