David Tepper Bullish On China: Alibaba Now No. 1 Holding, Trimmed Stakes In Nvidia, Microsoft, Amazon, Meta, Google

American billionaire hedge fund manager David Tepper is bullish on China. Tepper is the founder and president of Appaloosa Management, a global hedge fund.He is also the owner of the Carolina Panthers

Benzinga52minutes ago

HSBC Holder Ping An Evaluating Ways to Reduce Its $13B Stake - Bloomberg

Seeking AlphaMay 16 10:13

JD Q1 conference call: Strong quarterly active user growth, confident of exceeding the annual growth target

According to JD, the supermarket category resumed healthy growth in the first quarter. GMV and revenue both grew at a double-digit rate, and order volume and shopping frequency increased.

wallstreetcnMay 16 09:39

US stock outlook | “Big bears” increase their holdings of Chinese technology stocks, strongly betting on JD and Ali; Meme shares continue to fall before the market

Before the Thursday market, the three major US stock indices rose slightly; the S&P 500 index broke through a new high! StockCharts: A technological shift points to a further rise; Adachi Insurance rose more than 7% before the market, and Buffett made a big position in the stock in the first quarter.

Futu NewsMay 16 07:38

Duan Yongping made another move in the first quarter: increase Alibaba holdings and rebuild positions in Pinduoduo

① The first quarter of 2024 held 9 stocks, the same number as in the fourth quarter of 2023. Of these, 8 stocks continued to be held, 1 additional stock was added to Pinduoduo, and at the same time, it was a happy time to clear the inventory. ② According to Qu Fang, an investment advisor at Wanlian Securities, Duan Yongping is optimistic about Alibaba partly because its current valuation is undervalued.

cls.cnMay 16 07:08

The logistics business turned a loss into a profit! JD's Q1 net profit increased 13.9% year-on-year, exceeding expectations

Benefiting from the rapid expansion of JD Logistics and the steady growth of JD retail, the JD Group's revenue and profit for the first quarter both exceeded market expectations, and net profit grew at a double-digit percentage rate.

wallstreetcnMay 16 07:01