Is Bridgewater’s China exit smart money or a missed opportunity?
The $1.41 billion divestment by one of the world's biggest hedge funds underscores some investors' unease with the world's number-two economy, but bullish voices argue that structural strengths in EVs, renewables and tech still make China a long-term play.
Bridgewater Associates is making waves after revealing it divested from its $1.41 billion stake in US-listed Chinese equities in the second quarter, including shares of Alibaba, JD.com, Baidu and EV maker Nio.
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