Matthews Pacific Tiger Fund Amplifies Stake in Alibaba Group Holding Ltd

GuruFocus.com11-05 01:01

Insightful Portfolio Adjustments in Q3 2024 Highlight Strategic Asian Market Investments Matthews Pacific Tiger Fund (Trades, Portfolio), known for its strategic investments in Asian markets, recently...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481539249?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Ld_noGWqXFjhjirLcEIVZQ--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/cadf04b962e2724dcae3d3d452e2cdcd","is_english":true,"pubTime":"2024-11-05 01:01","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2481539249","market":"us","top_or_hot":-1,"title":"Matthews Pacific Tiger Fund Amplifies Stake in Alibaba Group Holding Ltd","media":"GuruFocus.com","content":"<div>\n<p>Insightful Portfolio Adjustments in Q3 2024 Highlight Strategic Asian Market Investments\nMatthews Pacific Tiger Fund (Trades, Portfolio), known for its strategic investments in Asian markets, recently...</p>\n\n<a href=\"https://finance.yahoo.com/news/matthews-pacific-tiger-fund-amplifies-170130069.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Matthews Pacific Tiger Fund Amplifies Stake in Alibaba Group Holding Ltd</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMatthews Pacific Tiger Fund Amplifies Stake in Alibaba Group Holding Ltd\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-05 01:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/matthews-pacific-tiger-fund-amplifies-170130069.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Insightful Portfolio Adjustments in Q3 2024 Highlight Strategic Asian Market Investments\nMatthews Pacific Tiger Fund (Trades, Portfolio), known for its strategic investments in Asian markets, recently...</p>\n\n<a href=\"https://finance.yahoo.com/news/matthews-pacific-tiger-fund-amplifies-170130069.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MATW","symbol_name":"马修国际加工","start_time":0,"source_url":"https://finance.yahoo.com/news/matthews-pacific-tiger-fund-amplifies-170130069.html","article_id":"2481539249","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Ld_noGWqXFjhjirLcEIVZQ--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/cadf04b962e2724dcae3d3d452e2cdcd"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481539249","pubTimestamp":1730739690,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Insightful Portfolio Adjustments in Q3 2024 Highlight Strategic Asian Market Investments. Matthews Pacific Tiger Fund , known for its strategic investments in Asian markets, recently disclosed its N-PORT filing for the third quarter of 2024. The fund primarily targets companies in Asia excluding Japan, focusing on long-term growth prospects. Since its inception in September 1994, Matthews Pacific Tiger Fund  has adhered to a bottom-up, fundamental investment philosophy, aiming to uncover undervalued companies with potential for substantial growth. The fund's approach is characterized by active management, a deep focus on Asia, rigorous bottom-up research, and a diverse range of Asia investment strategies.GuruFocus has detected 4 Warning Sign with TPE:2330.Trip.com Group Ltd  with 401,950 shares, making up 2.31% of the portfolio and valued at HK$24.18 million.China Resources Land Ltd  with 4,431,000 shares, accounting for 1.52% of the portfolio and valued at HK$15.94 million.As of the t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MATW":"马修国际加工","BK4587":"ChatGPT概念","BK4509":"腾讯概念","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","BK4220":"综合零售","L":"洛斯公司","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4527":"明星科技股","BK4501":"段永平概念","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","09988":"阿里巴巴-W","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0455707207.USD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (USD) INC","HBBD.SI":"Alibaba HK SDR 5to1","BK4122":"互联网与直销零售","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4502":"阿里概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","TSM":"台积电","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BABA":"阿里巴巴","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU0047713382.USD":"BGF EMERGING MARKETS \"A2\" ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","BK4504":"桥水持仓","LU0823039010.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) INC","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0633140560.USD":"AB EMERGING MARKET MULTI ASSET PORTFOLIO \"A\" (USD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0329678170.USD":"FIDELITY EMERGING ASIA \"A\" (USD) INC","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","LU0329678337.USD":"FIDELITY EMERGING ASIA \"A\" (USD)","BK4137":"综合支持服务","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","LU0594300179.USD":"FIDELITY CHINA CONSUMER \"A\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0633140727.USD":"AB EMERGING MARKETS MULTI ASSET PORTFOLIO \"AD\" (USD) INC","BK4554":"元宇宙及AR概念","PDD":"拼多多","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU0823038988.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) ACC","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC"},"translate_title":"Matthews Pacific Tiger基金增持阿里巴巴-SW集团控股有限公司股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":1,"09988":1,"MATW":1,"HBBD.SI":0.9,"TSM":0.7,"PDD":0.7,"L":0.6},"content_text":"Insightful Portfolio Adjustments in Q3 2024 Highlight Strategic Asian Market Investments\nMatthews Pacific Tiger Fund (Trades, Portfolio), known for its strategic investments in Asian markets, recently disclosed its N-PORT filing for the third quarter of 2024. The fund primarily targets companies in Asia excluding Japan, focusing on long-term growth prospects. Since its inception in September 1994, Matthews Pacific Tiger Fund (Trades, Portfolio) has adhered to a bottom-up, fundamental investment philosophy, aiming to uncover undervalued companies with potential for substantial growth. The fund's approach is characterized by active management, a deep focus on Asia, rigorous bottom-up research, and a diverse range of Asia investment strategies.\n\nWarning! GuruFocus has detected 4 Warning Sign with TPE:2330.\n\n\nNew Additions to the Portfolio\nDuring the third quarter of 2024, Matthews Pacific Tiger Fund (Trades, Portfolio) expanded its portfolio by adding 36 new stocks. Notable new acquisitions include:\n\nTrip.com Group Ltd (HKSE:09961) with 401,950 shares, making up 2.31% of the portfolio and valued at HK$24.18 million.\nHDFC Bank Ltd (NSE:HDFCBANK) with 950,363 shares, representing 1.87% of the portfolio, valued at ?19.57 million.\nChina Resources Land Ltd (HKSE:01109) with 4,431,000 shares, accounting for 1.52% of the portfolio and valued at HK$15.94 million.\n\nSignificant Increases in Existing Positions\nThe fund also significantly increased its holdings in several key stocks, including:\n\nAlibaba Group Holding Ltd (HKSE:09988), where an additional 2,476,900 shares were purchased, bringing the total to 4,339,300 shares. This move increased the portfolio impact by 3.15% and the total value to HK$57.66 million.\nPDD Holdings Inc (NASDAQ:PDD), with an additional 190,492 shares, bringing the total to 231,445 shares, valued at $31.20 million.\n\nComplete Exits from Certain Holdings\nIn the same quarter, Matthews Pacific Tiger Fund (Trades, Portfolio) exited its positions in 32 stocks, including:\n\nAxis Bank Ltd (BOM:532215), selling all 2,016,218 shares, impacting the portfolio by -2.74%.\nReliance Industries Ltd (NSE:RELIANCE), liquidating all 1,247,198 shares, resulting in a -2.09% portfolio impact.\n\nReductions in Key Holdings\nThe fund also reduced its stakes in several companies:\n\nTaiwan Semiconductor Manufacturing Co Ltd (TPE:2330) by 795,000 shares, decreasing shares by -18.28% and impacting the portfolio by -2.11%.\nSamsung Electronics Co Ltd (XKRX:005930) by 352,330 shares, a -37.31% reduction, impacting the portfolio by -1.86%.\n\nPortfolio Overview and Sector Allocation\nAs of the third quarter of 2024, Matthews Pacific Tiger Fund (Trades, Portfolio)'s portfolio comprised 77 stocks. The top holdings included 10.25% in Taiwan Semiconductor Manufacturing Co Ltd (TPE:2330), 5.55% in Tencent Holdings Ltd (HKSE:00700), and 5.51% in Alibaba Group Holding Ltd (HKSE:09988). The fund's investments are well-diversified across various sectors, reflecting a strategic approach to capturing growth across different industries in Asia.\n\n\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481539249"}