TechFlow news, on February 11, according to Jinshi News, the latest SEC filings show that David Tepper, billionaire investor and founder of Appaloosa Management LP, known as the "Wall Street bottom picker," significantly increased his holdings in Chinese concept stocks and China stock ETFs during the fourth quarter of last year.
His Alibaba stake rose 18% to 11.8 million shares, while his JD.com position increased by 43% to 10.5 million shares. He also boosted his holdings in iShares China Large-Cap ETF by 13.8% and KraneShares CSI China Internet ETF by 21.5%. As of the end of 2024, China-related assets accounted for approximately 37% of his portfolio. In late September last year, Tepper told CNBC that he was buying "everything" related to China.
