Baillie Gifford Nearly Cuts Alibaba Position, Sells Tesla Shares — But Buys More Of This Chinese EV Maker


Source: onlineev.com onlineev.com

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Scotland-based funding administration agency Baillie Gifford reshuffled its portfolio within the second quarter, with the noteworthy change being a drastic reduce in its holding of Chinesed shares, a 13F submitting by the agency on Monday confirmed. China Shares Fall Out Of Favor: Baillie Gifford, based in 1908, bought virtually its whole holdings in Chinese language e-commerce firms and trimmed positions in different Chinese language shares. - Alibaba Group Holding Restricted BABA holding decreased from 1.75 million to 13 shares. - JD.com, Inc. JD stake drastically reduce from 68,377 shares to 1 share. - Baidu, Inc. BIDU stake taken down from...