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Pinduoduo Beats Estimates, Hong Kong Cheers Internet Earnings, Week In Review – reporterwings

News Snapshot:

China Last Night KraneShares Week in Review Asian equities had a relatively upbeat week overall as President Biden visited the region and China internet earnings season kicked off with a few surprises to the upside in names including Alibaba, Baidu, Kuaishou, NetEase, and Pinduoduo. However, Snapchat’s deeply disappointing earnings release in the US led to a sentiment downturn in Asia on Tuesday. John Tuttle (Vice-Chairman and Chief Commercial Officer, at the New York Stock Exchange) joined KraneShares CEO Jonathan Krane on a panel in Davos this week, where he said he believes NYSE will see more China ADR listings in…

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