This post is just for people to know what is going on between big players!
No recommendation to buy or sell:
According to Bussiness standard:
Soros Fund Management bought $194 million of ViacomCBS Inc., Baidu Inc. stock valued at $77 million, as well $46 million of Vipshop Holdings Ltd. and $34 million of Tencent Music Entertainment Group during the first quarter, according to a regulatory filing released Friday. A person familiar with the fund’s trading said the company didn’t hold the shares prior to Archegos’s implosion.
reference:
https://www.business-standard.com/article/international/george-soros-bought-up-stocks-linked-to-bill-hwang-s-archegos-implosion-121051700034_1.html
No recommendation to buy or sell:
According to Bussiness standard:
Soros Fund Management bought $194 million of ViacomCBS Inc., Baidu Inc. stock valued at $77 million, as well $46 million of Vipshop Holdings Ltd. and $34 million of Tencent Music Entertainment Group during the first quarter, according to a regulatory filing released Friday. A person familiar with the fund’s trading said the company didn’t hold the shares prior to Archegos’s implosion.
reference:
https://www.business-standard.com/article/international/george-soros-bought-up-stocks-linked-to-bill-hwang-s-archegos-implosion-121051700034_1.html