BlackRock China Fund has been trimming its bets on Chinese tech stocks, manager Lucy Liu says. Photo: Bloomberg BlackRock China Fund has been trimming its bets on Chinese tech stocks, manager Lucy Liu says. Photo: Bloomberg
BlackRock China Fund has been trimming its bets on Chinese tech stocks, manager Lucy Liu says. Photo: Bloomberg
Stocks

BlackRock trims Alibaba, Tencent, Meituan on ‘ongoing’ China tech crackdown and valuation risks, adds financials, energy in reflation bets

  • BlackRock has reduced its holdings in Chinese technology stocks over the past three quarters, and added banks in economic reflation bets
  • The world’s largest fund manager is still positive on Chinese stocks because of recovery upside, ready to add tech on better valuations

Topic |   Stocks
BlackRock China Fund has been trimming its bets on Chinese tech stocks, manager Lucy Liu says. Photo: Bloomberg BlackRock China Fund has been trimming its bets on Chinese tech stocks, manager Lucy Liu says. Photo: Bloomberg
BlackRock China Fund has been trimming its bets on Chinese tech stocks, manager Lucy Liu says. Photo: Bloomberg
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