Quick Telecast
Expect News First

From Bridgewater to Templeton, money managers warm up to unloved Chinese tech stocks

0 6



From Bridgewater Associates to BlackRock and Franklin Templeton, some of the world’s biggest stock investors have one thing in common when it comes to China. Valuations are cheap again to get back into the market.Bridgewater, the world’s biggest hedge fund with US$220 billion of assets, ploughed some US$400 million into US-listed Chinese stocks in the third quarter, the Post estimated based on its 13F filing. It held positions in 45 mostly tech-related stocks valued at US$1.7 billion.BlackRock,…



From Bridgewater Associates to BlackRock and Franklin Templeton, some of the world’s biggest stock investors have one thing in common when it comes to China. Valuations are cheap again to get back into the market.Bridgewater, the world’s biggest hedge fund with US$220 billion of assets, ploughed some US$400 million into US-listed Chinese stocks in the third quarter, the Post estimated based on its 13F filing. It held positions in 45 mostly tech-related stocks valued at US$1.7 billion.BlackRock,…

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Quick Telecast is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.