Asset management giants' global re-allocation and increasing Chinese assets have become an important option
Asset management giants are reconfiguring global assets, and Chinese assets have become an important option for increasing positions. In the early morning of May 15th, Beijing time, the world's top hedge fund Bridgewater and the 100 billion-level private equity Jinglin disclosed their holdings as of the end of the first quarter of this year. Data shows that in the first quarter of this year, the two institutions bought Alibaba in a big way. Bridgewater also increased its holdings of Chinese concept stocks such as Baidu and Pinduoduo, while Jinglin Asset increased its holdings of Beike and TSMC. Industry insiders said that with the improvement of market sentiment, the global competitiveness of Chinese companies has continued to increase, and the Chinese economy has gradually recovered. The "alpha" opportunities of Chinese assets will further demonstrate their cost-effectiveness worldwide. Data shows that as of May 15, a total of 333 foreign institutions have surveyed A-share companies. Among them, companies in the fields of industrial machinery, electronic components, integrated circuits, and health care equipment are highly favored.