LS 1x Pinduoduo Tracker ETC
PDD1.L
London Stock Exchange- -
EUR
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Jun 14, 2021
- Similar Companies
- Business
- LS 1x Pinduoduo Tracker ETC (PDD1.L), issued by Leverage Shares Public Limited Company, is an exchange-traded commodity (ETC) domiciled in Ireland that provides physical replication to deliver 1x daily exposure to the share price performance of PDD Holdings Inc., the underlying Chinese e-commerce company formerly known as Pinduoduo Inc.; it employs a strategy of holding the underlying shares collateralized by margin loans without using derivatives such as swaps. The product targets sophisticated investors seeking direct leveraged or unleveraged single-stock exposure for short-term trading strategies including technical analysis responses, earnings event plays, and portfolio hedging; it lists on the London Stock Exchange with ISIN XS2337093954 and trades in GBP, EUR, and other currencies. Leverage Shares Public Limited Company, headquartered in Ireland with operations across Europe including offices in multiple countries, issues a broad range of physically backed long and short ETPs/ETCs on single stocks, ETFs, indices, and commodities, spanning leverage levels from 1x to 5x and inverse positions. The LS 1x Pinduoduo Tracker ETC launched in June 2021 as part of Leverage Shares' initial wave of stock tracker ETPs on the LSE. In September 2025, Leverage Shares expanded its product suite with 19 new ETPs on the LSE, including first-of-its-kind 3x leveraged products on stocks like Robinhood (HOOD), Hims & Hers (HIMS), and UnitedHealth (UNH), alongside 5x long/short on FTSE 100 and FTSE MIB indices; this followed record trading volumes with YTD turnover up 86% through August 2025 versus 2024. In November 2025, the issuer announced interest payments across 19 ETPs, underscoring ongoing product enhancements and investor interest in its physically replicated offerings.