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|    soc.culture.china    |    Apparently more than just Tik Tok?    |    155,085 messages    |
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|    Message 153,255 of 155,085    |
|    ltlee1 to All    |
|    Re: =?UTF-8?B?6Zm45Lit5aSu572V6KaL5aSn56    |
|    27 Sep 24 11:16:23    |
      From: ltlee1@hotmail.com              "David Tepper is buying 'everything' in China:       ETFs...futures...everything' "              " 'Everything...everything - ETFs, we do futures...everything.       Everything. This is incredible stuff for that place, ok, so it's       everything.'David Tepper, founder, Appaloosa Management              That's billionaire David Tepper, widely seen as one of the most       successful hedge-fund managers of all time, telling CNBC in a rare       public appearance that he was going all-in on China after this week's       announcement of a range of stimulus measures aimed at boosting the       country's beleaguered economy.       ..       CNBC's Becky Quick noted that a regulatory filing showed Tepper's       Appaloosa Management had cut back on a big position in Alibaba (BABA) in       the second quarter, and asked Tepper if he had re-upped his position.              Tepper didn't specify but said he was bullish on all aspects of China.              China's central bank this week has delivered a rate cut and announced a       range of monetary easing measures, while the Communist Party's top       decision-making body has pledged additional measures as Beijing attempts       to snap the economy out of a funk tied in part to a drawn-out real       estate crisis."              https://www.morningstar.com/news/marketwatch/20240926293/david-t       pper-is-buying-everything-in-china-etfsfutureseverything              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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