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Goldman Sachs: US hedge funds significantly increased their shareholding of Chinese concept stocks in the third quarter.
A report by Goldman Sachs, a US investment bank, shows that US hedge funds increased their investments in Chinese companies listed in the US in the third quarter, with jd.com and GDS Holdings stocks being bought the most. According to a report sent to clients on Wednesday by Goldman Sachs, the exposure of US hedge funds to US-listed Chinese concept stocks has risen to the highest level since the end of 2021. The bank stated that as of early the fourth quarter, approximately 25% of US long-short stock funds hold at least one long position in Chinese concept stocks. E-commerce giant jd.com is the most popular, attracting 47 hedge funds, with 26 funds net buying in the third quarter.
Hong Kong stock concept tracking | Global data cross-border flow cooperation initiative released. The construction of the data market enters a new stage (Concept stocks attached).
The initiative is expected to radiate the cni data factor index industry to the global market.
GDS Holdings (GDS): Expanding Data Center Capacity to Meet AI Demand
China ADRs Have Increased to the Largest Share Since Late 2021 – GS
Express News | GDS Holdings Ltd : Jefferies Cuts Target Price to $27.06 From $27.44
GDS Holdings Reports Strong Revenue Growth in Q3 2024
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