Hillhouse, Greenwoods, BlackRock Q2 collective "bottom" Alibaba

In the second quarter, HHLR $Hillhouse Capital Holdings(BK2123.US)$ continued to increase the centralized allocation of Chinese assets and heavy position investment in its portfolio, and increased its holdings and new purchases of 9 Chinese stocks. In the second quarter, HHLR's ten major stocks were: BeiGene, JD.com, Salesforce, DoorDash, SEA, Vipshop, Legend Biotech Corporation, Alibaba, Ke Holdings and Daqo New Energy, of which 7 were Chinese stocks.

It is worth noting that Alibaba has also been favored by investment institutions such as Greenwoods $Greenwoods Holdings(BK2119.US)$ and BlackRock $BlackRock Holdings(BK2597.US)$ . The latest data shows that in the second quarter, Greenwoods assets increased its holdings of 936000 shares in Alibaba. As of the end of the second quarter, the number of shares held reached 1.243 million, and the market value of its holdings was US $140 million, making it the sixth largest heavy stock; BlackRock bought 57700 Alibaba ADR shares in the second quarter, with an increase of 1%. In the same period, Greenwoods also increased the position of Pinduoduo and bought 240000 shares.