Best Stocks To Invest In According To Chinese Billionaire Lei Zhang

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Lei Zhang founded Hillhouse Capital Management and serves as its Chairman, Chief Investment Officer, and Chief Executive Officer. Zhang has also served as the top representative of the New York Stock Exchange in China. Hillhouse manages over $9.7 billion in 13F securities as of the second quarter of 2021. Hillhouse Capital Management has a $43.32 million position in Taiwan Semiconductor Manufacturing Company Limited. July 2021 revenue was approximately NT$124.56 billion, a decrease of 16.1 percent from June 2021 but an increase of 17.5 percent from July 2020. Alibaba Group Holding Limited is owned by Hillhouse Capital Management, which owns 713,400 shares (NYSE: BABA). From the first quarter of 2021, the hedge fund increased its holdings by 426 percent. Shyam Patil of Susquehanna Securities lowered his price target on Alibaba Group to $310 from $350.

Here is Insider Monkey’s list of stocks to invest in according to Chinese billionaire Lei Zhang. Salesforce.com, inc. has provided investors with returns of more than 20.79 percent over the last 12 months. According to Chinese billionaire Lei Zhang, it ranks tenth on his list of the ten best stocks to invest in. JD.com, Inc. is ranked ninth on Chinese billionaire Lei Zhang’s list of the ten best stocks to invest in. With 90,300 shares valued at more than $7 billion, Rishi Renjen’s ROAM Global Management is the largest shareholder in JD.com. In 2007, Airbnb, Inc. was founded. According to Chinese billionaire Lei Zhang, the company ranks eighth on his list of the ten best stocks to invest in. It reported earnings per share of -$0.11, exceeding analysts’ expectations by $0.32. BridgeBio Pharma, Inc. shares have returned more than 67 percent to investors over the last 12 months. The company was founded in 2015 and is ranked seventh on Chinese billionaire Lei Zhang’s list of the ten best stocks to invest in. Zoom Video Communications, Inc. shares have generated returns of more than 14% over the last 12 months. The company is a leader in video communication. According to Chinese billionaire Lei Zhang, it ranks sixth on his list of the ten best stocks to invest in. For more details, click 10 Best Stocks To Invest In According To Chinese Billionaire Lei Zhang.

 

 

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