Hedge Funds Lose PDD Shares
This is a news story, published by Yahoo Finance, that relates primarily to Zhang Lei's news.
Zhang Lei's news
For more Zhang Lei's news, you can click here:
more Zhang Lei's newsstocks trading & speculation news
For more stocks trading & speculation news, you can click here:
more stocks trading & speculation newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about
largest hedge funds. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Global hedge funds news, hedge funds news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
global hedge fund giantsReuters
•Hedge funds may lose billions from Temu owner PDD's stock crash
79% Informative
U.S.-listed shares in PDD Holdings plummeted 33% this week , and 30% in the third quarter .
Some of Asia 's largest hedge funds, including billionaire Zhang Lei's HHLR Advisors, Tairen Capital , Greenwoods Asset Management , were among the major investors in the firm by market value as of June 30 .
The 30% fall would have wiped out a combined value of roughly $4 billion from those positions.
VR Score
91
Informative language
98
Neutral language
45
Article tone
formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links