FountainCap Research & Investment Hong Kong Co. Ltd. bought a new position in shares of Pinduoduo Inc. (NASDAQ:PDD) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 77,522 shares of the company’s stock, valued at approximately $7,029,000. Pinduoduo makes up 27.7% of FountainCap Research & Investment Hong Kong Co. Ltd.’s investment portfolio, making the stock its 2nd largest position. Several other hedge funds also recently made changes to their positions in the company. Legacy Wealth Asset Management LLC lifted its holdings in Pinduoduo by 4.1% in the third quarter....