Billionaire David Tepper built on his ‘everything’ China bet as rally faded - MarketWatch

1. David Tepper increased Alibaba stake by 18.4%, now holding 11.84 million shares. 2. His investments signal confidence in Chinese market despite recent growth slowdown. 3. Tepper's stake represents 15.5% of Appaloosa's $6.7 billion portfolio. 4. He highlighted attractive valuations with low P/E ratios amid strong growth. 5. Market reaction may be cautious due to China's economic concerns.