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Billionaire David Tepper’s China Puzzle: Appaloosa Cuts Alibaba Stake While Doubling Down On PDD
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Billionaire David Tepper’s China Puzzle: Appaloosa Cuts Alibaba Stake While Doubling Down On PDD

  • November 15, 2024
  • 6 Views

Billionaire investor David Tepper’s Appaloosa Management reduced its stake in Alibaba Group Holding by 4.76% in the third quarter, despite his recent public enthusiasm for Chinese investments, according to regulatory filings released Thursday.

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​Billionaire investor David Tepper’s Appaloosa Management reduced its stake in Alibaba Group Holding by 4.76% in the third quarter, despite his recent public enthusiasm for Chinese investments, according to regulatory filings released Thursday.
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