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

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

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

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,…

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By | 2021-11-26T01:30:25+00:00 November 26th, 2021|Business|Comments Off on From Bridgewater to Templeton, money managers warm up to unloved Chinese tech stocks