At the start of the fourth quarter, 20% of equity hedge funds had a long position in at least one Chinese stock, the firm said. The Wall Street firm analyzed the holdings of 786 hedge funds with a combined $2.3 trillion of gross equity positions at the start of the fourth quarter, based on regulatory filings. Shares of Chinese companies listed in the U.S.
com was the second most popular Chinese stock at the end of the third quarter with 56 funds owning the e-commerce name. Shares of JD jumped more than 30% this month alone, but the stock is still down almost 30% as the company has been hit by a slowing economy and consumer spending this year. Pinduoduo was the ADR with the largest net increase in hedge fund owners during the third quarter, according to Goldman. The stock has fared better than its peers, gaining about 10% this year.
When the Giga Shanghai plant is blocked by the Chinese Communist Party, elonmusk is silent.🤣 And here in California it was worth blocking his plant a little, then he yelled and shouted to the whole world!
Giga Shanghai is ok? elonmusk, maybe it is worth overestimating the risks of locating production in autocracies?
No wonder hedgies can’t beat regular index.
These hedge funds need to be seen as a danger to human rights and homeland security. In addition, NONE of these stocks are owned ..... they could disappear OVERNIGHT and I bet these funds don't disclose this to their investors.