David Tepper Bets Big on Alibaba as Hedge Funds Eye Chinese Bargains

2–3 minutes

Billionaire investor David Tepper has made a significant move in the stock market, doubling down on Chinese stocks while paring back investments in high-flying U.S. tech firms. Tepper’s Appaloosa Management, renowned for its strategic market plays, has shown a strong inclination towards undervalued Chinese equities amid a record valuation gap between the U.S. and Chinese markets.

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