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2024-11-15 01:13:58

Layer3.news on Nostr: yahoo.com_3 BILLIONAIRE INVESTOR TRIMS ALIBABA AFTER SAYING BUY 'EVERYTHING' CHINA -- ...


BILLIONAIRE INVESTOR TRIMS ALIBABA AFTER SAYING BUY 'EVERYTHING' CHINA

https://media.zenfs.com/en/bloomberg_markets_842/1ed5c5095db7522920f48ce1f42d9bbc
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✍️ Billionaire investor David Tepper, who previously said he would buy 'everything' China-related, trimmed his exposure in Alibaba Group Holding Ltd. in the third quarter.
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👉 Tepper's Appaloosa Management cut its Alibaba stake by 5% in the third quarter.
👉 Tepper more than doubled his stake in PDD Holdings.
👉 Tepper increased positions in JD.com Inc. and KE Holdings Inc.
👉 Tepper's overall exposure in Chinese stocks and ETFs increased to 38% of his equity portfolio from 26% in the previous quarter.

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#DavidTepper #MichaelBurry #DonaldTrump #ElonMusk #mainstream #business
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https://media.zenfs.com/en/bloomberg_markets_842/1ed5c5095db7522920f48ce1f42d9bbc

https://finance.yahoo.com/news/billionaire-investor-trims-alibaba-saying-002507645.html

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