CLHI CLST HOLDINGS INC

Clearance of Tencent Music Soros's stock after the Archegos burst.

Soros's investment company, which bought heavily into stocks that plummeted during the sell-off after Bill Hwang's Archegos Capital Management burst, has pulled out of those positions. According to the latest regulatory filing released on Friday, Soros Fund Management sold $194.3 million in ViacomCBS Inc. Shares, $77 million in Baidu, Inc. shares and $46.4 million in Vipshop Holdings Limited shares. The financial magnate also sold out his holdings of Tencent Music and Discovery In.

08-14-2021 14:31:00