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RLX Technology to Report Fourth Quarter and Fiscal Year 2025 Financial Results on March 13, 2026
China’s Top Hedge Funds Shift Q4 Portfolio: Collective Increase in PDD Holdings, Subtle Change in AI Focus
① In the fourth quarter of 2025, the U.S. stock holdings of five leading Chinese investment firms—Hillhouse, Jinglin, Gaoyi, East Harbour, and Himalaya Capital—showed that PDD Holdings, the leading Chinese e-commerce company, was collectively increased in position, becoming the largest consensus across institutions. ② In addition, Google replaced NVIDIA as the new investment focus for multiple institutions, indicating a shift among major investment firms on the AI track from chasing 'computing power hype' to prioritizing 'application and platform certainty.'
Express News | Gaoyi Asset's US Stock Holdings Revealed: Increased Positions in PDD Holdings, KE Holdings, and Others
Brown-Forman, E.l.f. Beauty Among Top Shorted Consumer Staple Names, XLP up 14% YTD
Express News | State Tobacco Administration: Continued strengthening of e-cigarette regulation, imposing strict and tight restrictions on market entities with higher risks, focusing on verification and control.
Despite Delivering Investors Losses of 89% Over the Past 5 Years, RLX Technology (NYSE:RLX) Has Been Growing Its Earnings