IQ

Research · Apr 9, 2026

China Services Trade Boom: Why PDD and BABA Are Positioned to Win Big

China's pivot to services trade exports favors cross-border platforms like PDD and BABA, with analysis of six U.S.-listed names highlighting growth, valuations, and strategic alignment. PDD leads conviction rankings amid Temu's global surge. Geopolitical risks loom but policy tailwinds could drive re-ratings.