China's Most Senior U.S. Stock Buyer, Jinglin Asset, Makes a Big Move on Pinduoduo Owned by China’s New Richest Man, Huang Zheng

As of mid-2024, Jinglin Asset's holdings in $PDD Holdings (PDD.US)$ have reached nearly 20% of Jinglin's U.S. stock portfolio, with a 43% increase in Q2 alone.

The top six stocks by market value in Jinglin's portfolio make up 60% of the total portfolio, with the holdings as follows: Pinduoduo (18.24%), Facebook (15.44%), $Taiwan Semiconductor (TSM.US)$ (12.45%), $Microsoft (MSFT.US)$ (10.67%), $NetEase (NTES.US)$ (9.62%), and $Full Truck Alliance (YMM.US)$ (5.72%).