PDD Holdings

In Temu’s first full year of operation in the US, Gen Xers and Baby Boomers shopped there more frequently and spent more than younger shoppers.

Temu’s most loyal shoppers are actually Boomers and Gen Xers

TEMU is attracting hordes of Boomer and Generation X shoppers, belying the Chinese e-commerce app’s reputation as a destination for younger consumers.

Morgan Stanley highlights clothing manufacturer Shenzhou International Group and toymaker Pop Mart International Group as stocks that should benefit from a global presence.

Companies & Markets

Success abroad drives rare winners in dismal China stock market

In a year when Chinese stocks are among the worst-performing globally, there have been rare winners: Those that have shown they can compete on the global stage.

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