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Alibaba Sees Asian Funds Exiting In Q4 Even As Their US Peers UBS O'Connor, Marathon, AssetMark, And Cantor Fitzgerald Double Down - Alibaba Gr Hldgs (NYSE:BABA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

Summary by Benzinga
Alibaba Group Holding Ltd ADR (NYSE:BABA), a Chinese multinational technology company led by Jack Ma, saw huge inflows from U.S.-based funds during the fourth quarter. However, many Asian funds exited the company despite its progress in the artificial intelligence arena. What Happened: As U.S. institutional investors loaded up on BABA, Asian funds did not seem to place big bets on the firm during the fourth quarter. However, these 13F filings re…

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Back End News broke the news in on Tuesday, February 18, 2025.
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