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Hedge fund guru David Tepper firmly holds Chinese concept stocks: he holds JD.com and Ke Holdings, while reducing shareholdings in Alibaba and PDD Holdings.
China stocks and ETFs account for 26% of its fund stock investment portfolio.
Tencent Holdings Limited (TCEHY) Q2 2024 Earnings Call Transcript Summary
During Tencent's Q2 conference call, it was mentioned that the demand for AI in China is growing rapidly. They are currently in negotiations with Apple regarding the revenue of iOS mobile games and plan to release a mobile version of the game 'Fearless Ag
Tencent said that fintech and gaming businesses will drive continuous profit growth. The company will continue to increase its AI investment and actively explore the integration of AI technology into its games and digital content products to drive business growth.
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