Reported 9 days ago
Billionaire investors David Tepper and Michael Burry show a shift in their investment strategies regarding Chinese stocks, signaling a move away from the broad 'buy everything' approach. Tepper has reduced his stake in Alibaba while increasing investments in other companies like PDD Holdings, and Burry has also added bearish options to his portfolio despite increasing his Alibaba holdings. This reflects a growing caution among investors in light of disappointing fiscal stimulus measures and ongoing geopolitical tensions between the U.S. and China.
Source: YAHOO