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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.
Will July Retail Sales Confirm a Soft Landing -- or Fuel Recession Fears?
Tencent Holdings Limited (TCEHY) Q2 2024 Earnings Call Transcript Summary
US inflation has cooled for four consecutive months in July, and employment data has become the "roadblock" to the last interest rate cut by the Federal Reserve.
In July, the inflation rate in the USA has dropped for the fourth consecutive month, which gives the Federal Reserve the possibility to decrease interest rates next month.
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.
Asia-Ex China And Europe Markets Advance; Gold Holds Near All Time High - Global Markets Today While US Slept