Editor: Bi Luming Recently, H&H International Investment, which is believed to be controlled by Duan Yongping, released its latest U.S. stock holdings. Since the fund is considered to be controlled by Duan Yongping, its movements have attracted market attention. As of the end of

Edited by: Bi Luming

Recently, hh international investment, which is believed to be controlled by Duan Yongping, released its latest U.S. stock holdings. Since the fund is considered to be controlled by Duan Yongping, its movements have attracted market attention. As of the end of the third quarter, hh funds held a total of 8 stocks, with a market value of US$16.5 billion at the end of the period.

In the third quarter, the fund reduced its largest holdings of and apple to a certain extent, reducing its holdings to 11.2 million shares. The number of shares held dropped from 63.92 million shares at the end of the second quarter to 52.77 million shares. However, the number of shares held at the end of the period fell to 52.77 million shares. The stock market value is still as high as US$12.295 billion, and the position weight has dropped from 80.95% to 74.33%.

It is worth noting that the hh fund’s biggest move in the third quarter was to significantly increase its position in and pinduoduo , increasing its holdings by 3.8 million shares, with a position change of up to 36 times. At the end of the period, the value of the stock holdings increased to US$527 million, making it the fund’s fifth largest shareholder. Large holdings. The

hh fund also increased its holdings of a lot of Western Petroleum . The number of shares held increased from 1.54 million shares at the end of the second quarter to 9.22 million shares. The value of the stock holdings at the end of the period rose to US$475 million. In addition, hh fund also slightly reduced its holdings of Berkshire and Alibaba in the third quarter. The position changes were reduced by 3% and 13.69% respectively, and cleared Bank of America .

As of the end of the third quarter, the top five holdings of hh fund were Apple, Berkshire, Google , Alibaba, and Pinduoduo. The end-of-period holding values ​​were US$12.295 billion, US$1.741 billion, US$847 million, US$578 million, US$527 million.

On November 15th, Beijing time, Himalaya Capital, controlled by well-known Chinese investor Li Lu, submitted a third-quarter position report to the U.S. SEC. The latest U.S. stock holdings were US$2.47 billion, a decrease of nearly US$100 million from the end of the previous quarter.

Li Lu significantly reduced his holdings of Apple stocks in the third quarter, reducing his holdings by 441,900 shares in total, a reduction of 58.18%. He still holds 317,700 shares, and the value of his stock holdings at the end of the period dropped to US$74 million, which is consistent with Buffett's special sale Apple's operations coincide with each other.

It is worth noting that Li Lu also opened a new position in a stock called SOC (Sable Offshore) in the third quarter. The company's total market value is only US$1.837 billion and it is currently losing money. However, the stock price has skyrocketed this year. 97.45%. Li Lu bought 1.343 million shares, and the value of the stock held at the end of the period was US$31.73 million.

Information shows that Sable Offshore Corp is an independent upstream company based in Houston, focused on developing the prolific Santa Ynez oil field in federal waters offshore California. Buying oil fields that are still losing money may be Li Lu's bet that the company will usher in a turning point in performance.

As of the end of the third quarter, Li Lu had 8 stocks in his portfolio, including Bank of America, Google C, Google A, Berkshire, Huamei, Occidental Petroleum, Apple, and SOC. The value of the stock holdings at the end of the period was US$717 million. , US$508 million, US$422 million, US$413 million, US$230 million, US$75.58 million, US$74.02 million, US$31.73 million.

According to the China Securities Journal, foreign investors’ discussions on Chinese assets have continued to increase recently. As Birkey Investments expressed its investment views in October: “No investor should ignore China.”

Regarding the views on investment opportunities in China, Helen, Birkey Partner and Fund Manager of Flagship Strategy Global Alpha Xiong believes: "China is transforming from a real estate-led economy to an advanced manufacturing economy. This transition period is not always smooth, but China has experienced it many times before."

Liu Jinjin, chief China equity strategist at Goldman Sachs Research, said , historical analysis shows that this rebound may still have potential, because when China's stock market rises by 20%, the rally usually lasts for several months. He also believes that Chinese stock prices are still quite reasonable, and valuations have just returned to historical averages.

As of November 15, US time, most US institutional investors have completed the disclosure of third quarter position data (13f). As positive signals emerged, Chinese assets became more sought after by overseas funds.

David Tepper, the Wall Street hedge fund tycoon who once boasted of "buying all Chinese assets", Soros Fund, the century-old asset management institution BGI, Oaktree Capital, and Michael Burry, the prototype of "The Big Short" ), as well as well-known private equity companies Hillhouse and Gao Yi, etc., have all increased their positions in Chinese concept stocks as of the end of the third quarter.

Daily Economic News Comprehensive China Securities Journal, Public Information

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