Goldman Sachs Accurately "Buy The Bottom"!

Not only was it time to buy bonds of Chinese real estate companies, in the third quarter position report, Goldman Sachs also disclosed the increase in holdings of Chinese concept stocks such as Alibaba. Goldman Sachs saw the opportunity to significantly increase its holdings as China's concept stocks pulled back. In the third quarter, it increased its holdings in New Oriental Hehao Future by several times, and its shareholding in Alibaba increased by 57% month-on-month, ranking seventh. Stocks, and also built a position directly hired by Boss worth 1.5 billion U.S. dollars. Goldman Sachs reduced its holdings of iQiyi and Gaotu by more than 40%, while NIO reduced its holdings by nearly 20%.