The first JD.com trade was made in Q2 2018. Since then Ray Dalio bought shares nine more times and sold shares on seven occasions. The investor completely sold their stake between Q1 2022 and Q2 2022.
The world’s biggest institutional investors are at odds over Chinese stocks just months after singing from the same song sheet.
Ray Dalio’s giant hedge fund completely exited the five US-listed Chinese tech companies last quarter amid delisting risk and heightened geopolitical tensions.