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Asian funds greatly increased their positions in the second quarter, and Alibaba increased 311% month on month
Based on the 13F documents of 15 Asian asset management companies, the positions of some of Asia's largest funds in Alibaba and Sea $Sea (SE.US)$ have more than doubled in the second quarter of this year after a year long slump. During this period, the number of Alibaba shares held by funds focusing on the Asian market increased by 311%, while the number of Sea shares increased by 110%. Including hedge fund Aspex Management (HK) Ltd. and Oasis Management Co., which held at least $200 million in assets at the end of the quarter.
As of the end of June, e-commerce, express, solar energy companies and electric vehicle manufacturers constituted the largest 20 shareholding portfolios of these funds by market value. Among them, $JD.com (JD.US)$ JD's position ranked first, but Alibaba's total position (measured by the number of shares) increased the most from the previous quarter.
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whqqq : Wow 311% this is a big number.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I am still bullish on Alibaba.
momomoomoo whqqq : Someone got to sell to them and price still drops during this period, take it with a pinch of salt.
Mikey Sheung Wan : bullshit....these are all number game. When you consider about Jerk Ma and CCP, BABA is as good as trash!
BruceLin8 Mikey Sheung Wan : Stock you can't see?