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Chinese stocks: Best opening in years with 80% rally
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Position of trillion investment giant: increase in Alibaba's holdings and decrease in Tesla's holdings

In Q3, Baillie Gifford increased her shareholding in $PDD Holdings (PDD.US)$ , $Alibaba (BABA.US)$ , $Tencent Music (TME.US)$ $NIO Inc (NIO.US)$ , etc., decreased her shareholding in $Tesla (TSLA.US)$ , $Li Auto (LI.US)$ , etc., and cleared $JD.com (JD.US)$ , $Bilibili (BILI.US)$ , etc.

By the end of the third quarter of 2022, the portfolio size of American stocks invested by Baillie Gifford was 96.991 billion US dollars.
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