Chinese tech stocks suffered major setbacks in markets at home and abroad in 2021 and this year. Photo: Bloomberg
Chinese tech stocks suffered major setbacks in markets at home and abroad in 2021 and this year. Photo: Bloomberg

Dalio’s Bridgewater exits Alibaba, JD.com, NetEase, Bilibili and Didi Global in US$1 billion sale amid delisting and geopolitical tensions

  • Dalio’s US$236 billion hedge fund sold all of its positions in Alibaba, JD.com, Bilibili, NetEase and Didi Global worth a total US$1.02 billion last quarter, 13F filing shows
  • The US firm, which runs a US$6.2 billion All-Weather China Fund, is a believer in Tesla challengers Nio, XPeng and Li Auto, while also bullish on Baidu

Chinese tech stocks suffered major setbacks in markets at home and abroad in 2021 and this year. Photo: Bloomberg
Chinese tech stocks suffered major setbacks in markets at home and abroad in 2021 and this year. Photo: Bloomberg
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