This morning on The Call @ Hedgeye, China analyst Felix Wang discusses Pinduoduo’s (PDD) earnings and explains how even with doubled expectations, and stock up 35% in five days, investors are still underestimating the earnings power of the company.

“PDD continues to crush expectations,” notes Wang. “We were the first ones to mention that PDD has turned into a value play. I think that investors are still underestimating the earnings power in this company”

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