Billionaire Ray Dalio purchases Alibaba and Baidu stock, signaling confidence in Chinese tech sector

From Barchart: 2025-05-18 08:15:00

Bridgewater, the world’s largest hedge fund, made bold moves by purchasing shares of Alibaba and Baidu in a portfolio shakeup. This move by founder Ray Dalio signals confidence in China’s market despite recent regulatory crackdowns. The purchases are seen as a strategic play by Bridgewater to capitalize on potential growth opportunities in the Chinese tech sector. Dalio’s decision reflects a belief in the long-term prospects of these companies, despite current market uncertainties. The move has drawn attention from investors and analysts alike, highlighting Bridgewater’s confidence in China’s economic future.



Read more at Barchart: 2 Massive Stock Purchases Recently Made by Billionaire Investor Ray Dalio