Asia Tech Wire (June 3) -- Fidelity's emerging markets fund added to its holdings of Alibaba, Tencent, Meituan and other Chinese stocks in April.

The Fidelity Advisor Focused Emerging Markets Fund loaded up on shares of ICBC (1398.HK), Alibaba (9988.HK), Meituan (3690.HK), and Tencent (0700.HK) in April, while reducing its stake in New Oriental (9901.HK).

The fund also increased its holdings of Temu owner Pinduoduo's American Depositary Receipts (ADRs), while increasing its holdings of Haier Smart Home (600690.SH) and Kweichow Moutai (600519.SH).