“Hedge Fund Legend” Taper Q1 made a big deal to increase its stock positions! Slash Nvidia positions

In the first quarter of 2024, this top asset manager drastically reduced its holdings of these technology stocks benefiting from the AI investment frenzy in the first quarter of 2024, but increased its holdings in Chinese securities such as Alibaba and Pinduoduo by a large amount.

Zhitong Finance40minutes ago

Express News | Yamato lowered Ali's target price to HK$98 to increase investment to promote growth

Breakings7minutes ago

Legendary hedge fund manager and “big short” Michael Burry increases his holdings in Chinese tech stocks

GLONGHUI, May 16 | The investment company of Michael Burry, the prototype actor in the movie “The Big Short” (The Big Short) and legendary hedge fund manager, increased its bets on JD and Alibaba in the first season. According to US Securities and Exchange (SEC) filings, Scion Asset Management increased its shareholding in JD by 80%, making it its largest shareholding. Alibaba became its second-largest shareholding, with a total value of around $9 million. Additionally, Burry increased Baidu's American Depositary Receipts (ADR) holdings by $4.2 million.

Gelonghui Finance14minutes ago

Alibaba's quarterly report isn't as bad as it looks

Alibaba's operating profit margin remained stable compared to the same period last year, while revenue increased.

巴倫週刊May 15 08:15

The top four private equity firms revealed the “US stock report card”: Pinduoduo is still proud of Gao Yi and Gao Yi, but Jing Lin quietly reduced its positions

① The latest moves by Chinese private equity institutions such as Gao Yi, Gao Yi, Jing Lin, and Himalaya have recently been revealed; ② Overall, Chinese securities are still popular among Chinese institutions, especially Pinduoduo, and are also famous in the leading positions of Gao Yi, Gao Yi, and Jing Lin; ③ However, Jing Lin drastically reduced its holdings of Pinduo by 1.1 million shares in the first quarter, which is at odds with Gao Yu and Gao Yi's move to increase positions.

cls.cn54minutes ago

The prototype of the movie “The Big Short” bought gold in Q1, surged JD and Ali

Scion, a subsidiary of the “big short” Michael Barry, had a total market value of about US$103 million in the first quarter, and the total market value of its holdings in the previous quarter was about US$94.6 million, an increase over the previous quarter.

Zhitong Finance01:01