Billionaire Investor Tepper’s Firm Loves China. Alibaba Is Its Biggest Bet. - Barron's
1. David Tepper's Appaloosa LP increased Alibaba stake by 18% to 11.8 million shares. 2. Tepper considers Chinese stocks like BABA as offering high reward-to-risk potential. 3. Appaloosa's total equity holdings exceed $6 billion, showing strong bullish sentiment. 4. Tepper's approach indicates a growing confidence in depressed Chinese markets.