Top 5 Chinese Stocks To Buy Now
5. Baidu (NASDAQ: BIDU)
Number of hedge funds: 43
Total value of hedge fund holdings: $2.04 billion
You might have already heard of Baidu, the company called “the Chinese Google” by many. Just like its western alternative, Baidu provides internet, mapping, AI and search engine services.
Baidu has recently experienced a slight dip in hedge fund sentiment, losing 6 funds worth of investment. Currently it can be found on 43 hedge fun portfolios while this number in this year’s first quarter was 49. It’s worth mentioning that
Jack Woodruff’s Candlestick Capital Management cut the biggest position of the 750 funds watched by Insider Monkey, comprising close to $39.5 million in stock.
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