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China’s star fund manager dumps long-held consumer bets in pivot to AI trade
China’s tepid consumer spending prompted one of the country’s biggest fund managers to aggressively cut holdings in consumption-related stocks from liquor distillers to e-commerce platforms while rotating into artificial intelligence-linked names,... Read more.
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Owner: Joseph Tsai is the chairman of Alibaba Group
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Owner: Joseph Tsai is the chairman of Alibaba Group
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