Reported about 11 hours ago
US hedge funds have significantly increased their investments in Chinese companies, particularly e-commerce giant JD.com and data center operator GDS Holdings, according to a Goldman Sachs report. In Q3, the proportion of US long-short equity funds holding Chinese American Depository Receipts (ADRs) reached its highest level since late 2021, with JD.com being the most popular choice. This surge in investment comes amid economic stimulus announcements from China, although recent market corrections have raised concerns about ongoing risks.
Source: YAHOO