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When comes to valuations, analysists never come to the same price. But their calculations are within certain range. They call this consensus. Their calculation doesnt take in account of reality on the ground or market. There are many news. Most of them made try to give excitements to the market. So, that they make more money. Ppl borrow money. They pay interests or fees and etc regardless you make profit or loss. Bankers always make money. Ignore those news. BUT you may want to read this. See link below.
I dont know what makes you say pdd is under value in Nasdaq. Pinduoduo & Temu are the same. They are under one parent company. Temu is the international version of pinduoduo. Temu is not listed in Nasdaq. Temu no longer enjoy duty free for goods below USD800. And Trump has imposed 50% tariff on Chinese imports. That is why Pinduoduo performance in Nasdaq is very disappointing at the moment. Not to mention, the US refused to grant FCC & FDA certification onto China's electrical products. EXCEPT those products manufacture in the US.
He made huge losses in DNeX when DNeX was traded about 1.25 - 1.70 sometime ago. And he has underestimated INARI's performance just recently. Look where Inari is now. It has been 4 weeks already since the last time he said DNeX will be trading below 40sen.
Not only AXIATA's major shareholders are Institutional & Sovereign funds, there are also what we call 'strategic partners'. These strategic partners have big influence on determining where a company should go. Usually, they are more into new business ventures which have potentials to high returns. Not only AXIATA has strategic partners e.g. Khazanah Nasional, there are also companies such as Mitsui, Sumitomo & Softbank Corp positioned themselves strategically in AXIATA. They are not so much interested in telecom business but they are more interested in a company who can offer connectivity among Asean & South Asean countries. You may want to look at ADA or Automated Data Analysis in AXIATA's subsidiary company by the name of AXIATA Digital & Analytics Sdn Bhd.
This also an attempt top offset forex losses in future.
