Analysis of FengHe Fund Management's 13F filing shows that in the second quarter, the hedge fund cleared out positions in Tal Education and Alibaba while adding positions in Taiwan Semiconductor and PDD Holdings for greater China ADR investments. Note: the analysis covers 22 investments disclosed by FengHe, and their market cap increased by 35% QoQ to USD 1.07 billion.
持仓市值大增的对冲基金风和13F披露：清仓好未来和阿里 加仓台积电
Hedge fund FengHe's 13F disclosure shows a large increase in market cap of positions: they closed out positions in Tal Education and Alibaba, and added positions in Taiwan Semiconductor and PDD Holdings.
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