On December 24, Gelonghui reported that PDD Holdings (PDD.US) rose nearly 1% in pre-market trading to $101.5. According to a research report by Daiwa, the outlook for China's Internet Plus-Related Industry is bright, but flexibility is necessary. Overseas expansion remains the main growth driver, while increasing domestic Consumer stimulus measures will be a focus in 2025. The bank reaffirmed its positive outlook for the industry and listed PDD Holdings as one of its preferred stocks. (Gelonghui)