PDDs

Written by Summer ChenHONG KONG (Reuters) - Concentrated bets on Chinese e-commerce giant BDD Holdings Ltd may have cost hedge funds billions of dollars in losses as its shares tumbled following disappointing comments from its…

(Bloomberg) -- One of the last remaining bright spots in Chinese consumption is fading fast, as the country’s economic malaise saps demand for even the most accessible goods.Most Read from BloombergIn the latest warning to global markets…