China-related – Charm

Billionaire Investor Tepper Boosted Bets on China Before Stocks Rally

(Bloomberg) — Billionaire investor David Tepper ramped up his stake in China-related stocks and exchange-traded funds last quarter, just before the development of DeepSeek reignited a rally in the country’s shares. Most Read from Bloomberg The president and founder of Appaloosa Management LP, who made waves in September with a call to buy “everything” related…

Billionaire Investor Trims Alibaba After Saying Buy ‘Everything’ China

Cs news8 months ago05 mins

(Bloomberg) — Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant Alibaba Group Holding Ltd. in the third quarter. Most Read from Bloomberg Tepper’s Appaloosa Management cut its Alibaba stake by 5% in the three months through September, according to…