David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China

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David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China
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Billionaire investor David Tepper loaded up on beaten-down Chinese stocks last quarter while reducing stakes in high-flying US tech firms, leading hedge fund managers who are slowly warming up to China amid a record gap in valuations between the two markets.

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