According to the 13F document, Appaloosa Management, a hedge fund owned by David Tepper, the hedge fund boss that once boasted about “buying all Chinese assets,” reduced its holdings of Ali and Microsoft in the first quarter. Among its holdings in Ali, it still maintained significant exposure to Chinese technology companies. Among its top five holdings, China Securities still occupied three seats, including Ali, Pinduoduo, and JD. Investments are mainly concentrated in nine industries: consumer cycle, technology, communications services, utilities, energy, healthcare, financial services, industry, and real estate.

According to the 13F document, Appaloosa Management, a hedge fund owned by David Tepper, the hedge fund boss that once boasted about “buying all Chinese assets,” reduced its holdings of Ali and Microsoft in the first quarter. Among its holdings in Ali, it still maintained significant exposure to Chinese technology companies. Among its top five holdings, China Securities still occupied three seats, including Ali, Pinduoduo, and JD. Investments are mainly concentrated in nine industries: consumer cycle, technology, communications services, utilities, energy, healthcare, financial services, industry, and real estate.