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US hedge funds pile into China's JD.com, GDS: Goldman

US hedge funds pile into China's JD.com, GDS: Goldman

FILE PHOTO: The logo of e-commerce app JD.com is displayed among mobile phones displaying the app, in this illustration picture taken October 25, 2023. REUTERS/Florence Lo/Illustration/File Photo

U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings leading the purchases, a Goldman Sachs note reviewed by Reuters showed.