Question 1

How many shares of PDD does HHLR ADVISORS, LTD. own?

Accepted Answer

As of 2026-Q2, HHLR ADVISORS, LTD. holds 500,000 shares of PDD (PDD HOLDINGS INC).

Question 2

What is HHLR ADVISORS, LTD.'s PDD position worth?

Accepted Answer

As of 2026-Q2, HHLR ADVISORS, LTD.'s PDD position is worth $38.1M.

Question 3

Is HHLR ADVISORS, LTD. buying or selling PDD?

Accepted Answer

In 2026-Q2, HHLR ADVISORS, LTD. decreased their PDD position (-88.0% change in shares).

Question 4

When did HHLR ADVISORS, LTD. first buy PDD?

Accepted Answer

Based on available 13F filings, HHLR ADVISORS, LTD. first reported a position in PDD in 2024-Q3. They have held the position across 31 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Decreased	500,000	-88.0%	$38.1M	4.6%	$76.28	0
2026-Q1	Decreased	4.2M	-61.1%	$425.6M	25.4%	$100.71	0
2025-Q4	Increased	10.7M	+24.8%	$1.2B	39.2%	$113.83	77
2025-Q3	Increased	8.6M	+23.2%	$1.1B	27.8%	$130.67	76
2025-Q2	Increased	7M	+6.3%	$730.2M	23.5%	$105.14	66
2025-Q1	Increased	6.6M	+140.4%	$776.7M	21.9%	$120.45	100
2024-Q4	Decreased	2.7M	-42.7%	$264.8M	9.2%	$94.39	0
2024-Q3	Decreased	4.8M	-46.4%	$642.6M	14.1%	$135.38	0