China ADRs fall after hedge fund Bridgewater exits positions

KE Holdings

14/08/2025 11:29

** U.S.-listed shares of Chinese companies fall after hedge fund Bridgewater Associates exits positions

** Bridgewater exited its position in Alibaba 9988.HK, Yum China 9987.HK, Baidu 9888.HK and Nio 9866.HK, according to an SEC filing

** Shares of these firms fall between 1% and 1.5% before the bell

** Bridgewater also exited positions in TAL Education TAL.N, H World Group 1179.HK, KE Holdings 2423.HK

** Bridgewater boosted its stake in U.S. tech firms Nvidia NVDA.O, Meta Platforms META.O, Alphabet GOOGL.O and Microsoft MSFT.O

(Reporting by Zaheer Kachwala in Bengaluru)

((Zaheer.Kachwala@thomsonreuters.com))