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George Soros Buys Alibaba in 2nd Quarter

George Soros (Trades, Portfolio) is a billionaire investor and the founder of Soros Fund Management, an investment fund with around $25 billion in assets under management. In the second quarter of 2023, the fund made a number of investments, with a notable one being Chinese tech giant Alibaba Group Holding Ltd. (NYSE:BABA), which is down 68% from its all-time high in October 2020. In March, Alibaba announced it will be splitting the business into six segments each with its own CEO. ....

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