China Considers Reviving Jack Ma's Ant IPO
$Alibaba(BABA)$ $Alibaba(09988)$
Alibaba Stock Jumps 3.6% in Premarket Trading.
Regarding Chiese stocks，
JPMorgan's flagship China fund, significantly increased its position in $JD.com(JD)$in the first quarter. By the end of the first quarter, JD had risen to the fourth largest heavy position of the fund, with a market value of $212million. In addition, the fund also increased its positions in $Tencent Holding Ltd.(TCEHY)$ and $Alibaba(BABA)$ by a small margin.
Hhlr, a subsidiary of Hillhouse, increased its holdings in the first quarter and bought a number of China concept shares, including $Vipshop(VIPS)$, $JD.com(JD)$, $KE Holdings Inc.(BEKE)$,$Full Truck Alliance Co. Ltd.(YMM)$, $Futu Holdings Limited(FUTU)$, etc.
In the first quarter, qiaoshui added positions in $Alibaba(BABA)$, $Pinduoduo Inc.(PDD)$, $NIO Inc.(NIO)$, $Li Auto(LI)$, $XPeng Inc.(XPEV)$, etc.
Jinglin assets bought$JD.com(JD)$, $CSI China Internet ETF(KWEB)$, $KE Holdings Inc.(BEKE)$, $NetEase(NTES)$ and $Full Truck Alliance Co. Ltd.(YMM)$
BlackRock, the world's largest asset management institution, also significantly increased its position in the first quarter of this year, including two "new car making forces" of$Li Auto(LI)$ and$NIO Inc.(NIO)$.
Fidelity International substantially increased its holdings of $MEITUAN-W(03690)$$MEITUAN(MPNGY)$,$JD.com(JD)$, $Alibaba(BABA)$ and $Tencent Holding Ltd.(TCEHY)$ in March this year.
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.
If this ever happens..Baba will soar! Come on China, Jack has repented. Please move on and allow Jack to list Ant!
[What]
谢谢🙏