News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
G Sachs: Hedge Funds Axe Holdings in 'Magnificent Seven' in 1Q, Add Holdings in CN ADRs like Alibaba
Hedge funds pared back their holdings in the U.S. "Magnificent Seven" stocks in 1Q25, while expanding their investments in Chinese ADRs listed in the U.S., including Alib...
Reset
Send
The window will close in 5 seconds
G Sachs: Hedge Funds Axe Holdings in 'Magnificent Seven' in 1Q, Add Holdings in CN ADRs like Alibaba
Close
Recommend
45
Positive
86
Negative
31
 
SHORT SELL
 
STOCK INFO

Hedge funds pared back their holdings in the U.S. "Magnificent Seven" stocks in 1Q25, while expanding their investments in Chinese ADRs listed in the U.S., including Alibaba (BABA.US)      , Pinduoduo (PDD.US)      and Baidu (BIDU.US)      , Goldman Sachs said in a report.

As China's influence in new technology development grows and the valuations of Chinese tech companies remain relatively low, Chinese ADRs are becoming increasingly attractive to foreign investors.

Related NewsCICC Lists Changes in HSI Constituents' Weightings, Forecasts in Passive Funds Changes (Table)
However, Goldman Sachs noted that the "Magnificent Seven" still remain the most popular long positions among hedge funds.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.