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From: ltlee1@hotmail.com (ltlee1)
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Date: Fri, 27 Sep 2024 11:16:23 +0000
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"David Tepper is buying 'everything' in China:
ETFs...futures...everything' "

" 'Everything...everything - ETFs, we do futures...everything.
Everything. This is incredible stuff for that place, ok, so it's
everything.'David Tepper, founder, Appaloosa Management

That's billionaire David Tepper, widely seen as one of the most
successful hedge-fund managers of all time, telling CNBC in a rare
public appearance that he was going all-in on China after this week's
announcement of a range of stimulus measures aimed at boosting the
country's beleaguered economy.
...
CNBC's Becky Quick noted that a regulatory filing showed Tepper's
Appaloosa Management had cut back on a big position in Alibaba (BABA) in
the second quarter, and asked Tepper if he had re-upped his position.

Tepper didn't specify but said he was bullish on all aspects of China.

China's central bank this week has delivered a rate cut and announced a
range of monetary easing measures, while the Communist Party's top
decision-making body has pledged additional measures as Beijing attempts
to snap the economy out of a funk tied in part to a drawn-out real
estate crisis."

https://www.morningstar.com/news/marketwatch/20240926293/david-tepper-is-buying-everything-in-china-etfsfutureseverything