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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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