According to a report from Caixin on November 15 (editor Feng Yi), this week, Wall Street institutional investors have successively disclosed their third-quarter form 13f holdings reports. Due to adjustments involving multiple Chinese concept stocks returning to Hong Kong, this reflects overseas investors' current preferences for Chinese stocks to some extent, attracting short-term market attention.

Notably, the total market value of HHLR Advisors, under Hillhouse, increased by more than 10% in the third quarter, continuing to increase its allocation to Chinese assets, with many highlights.

From the disclosed form 13f documents, HHLR Advisors' number of holdings decreased from 78 in the second quarter to 48 in the third quarter, having cleared and reduced positions in several US technology stocks, but the total market value of holdings increased from 4.054 billion USD in the second quarter to 4.555 billion USD.

Notably, HHLR Advisors' proportion of holdings in Chinese concept stocks increased from 85% in the second quarter to 93% in the third quarter.

Among them, $Alibaba (BABA.US)$ and $NetEase (NTES.US)$ 、 $JD.com (JD.US)$Internet plus-related giants listed in Hong Kong have all received varying degrees of shareholding. Among the top ten heavy holdings, there are also included $BeiGene (BGNE.US)$ 、 $KE Holdings (BEKE.US)$ and $Trip.com (TCOM.US)$Waiting for Chinese concept stocks that have returned to Hong Kong for listing.

According to an analysis of the form 13f filing by Bloomberg on the well-known private equity firm Greenwoods Asset Management Hong Kong, this well-known domestic hedge fund reduced its holdings in netease and completely exited in the third quarter. $Li Auto (LI.US)$ , increased holdings in alibaba and $Tencent Music (TME.US)$ 。

In addition, the Scion fund, managed by Michael Burry, the prototype of "The Big Short", also significantly increased its holdings in jd.com and Alibaba, the two major domestic e-commerce leaders.

According to reports, the fund increased its shareholding in jd.com ADR by 0.25 million shares to 0.5 million shares, while holding corresponding put options for 0.5 million ADR; it increased its shareholding in alibaba by 0.045 million shares to 0.2 million shares, while holding corresponding put options for 0.1689 million ADR; increased shareholding.$Baidu (BIDU.US)$Increased shareholding by 0.05 million shares to 0.125 million shares, while holding corresponding put options for 0.0833 million ADR.

Overall, at present, there is a relatively consistent bullish sentiment towards alibaba among major institutions on Wall Street. $PDD Holdings (PDD.US)$ For domestic e-commerce giants such as

On the other hand, the investment account H&H International Investment LLC managed by well-known investor duan yongping has also been disclosed.

Documents show that compared to the end of the second quarter, the H&H managed by Duan Yongping reduced its shareholding in the third quarter. $Apple (AAPL.US)$ 、 $Berkshire Hathaway-B (BRK.B.US)$ However, alibaba has increased its shareholding in pdd holdings.

Berkshire Hathaway's 13F report also indicates that it reduced its shareholding in apple by 0.1 billion shares in the third quarter.

However, institutions like blackrock and Deutsche Bank continued to increase their holdings in apple stocks in the third quarter, with blackrock increasing its position by as much as 43.4 million shares. The divergence among large institutional investors may imply varying market expectations regarding apple's future sales and the overall trend of the consumer electronics industry.

Interestingly, in the third quarter, berkshire hathaway also newly purchased. $Domino's Pizza (DPZ.US)$ The company has 3.7% of circulating shares.

Currently in the Hong Kong stock market, as the exclusive general franchisee for domino's pizza in greater china, $DPC DASH (01405.HK)$ The stock price has increased by more than 20% in the third quarter. After the news of berkshire's shareholding increase was announced, the stock also reached a new high since its listing.

It is worth mentioning that, according to official disclosures from domino's pizza, the total number of domino's pizza stores in china has surpassed 1,000. The CEO of domino's pizza china, Wang Yi, previously stated that at least 5,000 stores can be opened in the chinese market in the future.

Sinolink's research report indicates that dpc dash has strong brand momentum, leading in same-store and new store performance, with a favorable fundamental outlook. In the first half of the year, the company's revenue was 2.04 billion yuan, a growth of 48%, with adjusted net income of 50.89 million yuan and adjusted EBITDA of 0.23 billion yuan, representing a year-on-year increase of 84%.

Considering that the current funding situation in the hong kong stock market is still dominated by institutions and foreign capital, the aforementioned large institutions' preference for reallocating their investments in chinese stocks may also be transmitted to the hong kong stock market, which investors should keep track of.

Editor / jayden