David Tepper, a prominent hedge fund mogul on Wall Street, boldly declared at the end of September to "buy all chinese assets."

The latest hold positions data has been released! The mogul is putting theory into practice and significantly increasing his shareholding in chinese assets, with nearly 40% in holdings.

In the third quarter, information from Tepper's Appaloosa asset management shows that investments in chinese stocks have increased from 26% at the end of the previous quarter to 38%.

This well-known hedge fund figure significantly increased his shareholding in multiple chinese concept stocks in the third quarter, including nearly doubling his hold positions in pdd holdings, while also adding to the positions in jd.com and ke holdings.

Meanwhile, Tepper slightly reduced his shareholding in baidu, alibaba, and the large cap etf (FXI) and the internet plus-related etf (KWEB).

Overall, alibaba remains Tepper's largest position, with a holding of nearly 16%. Although Tepper slightly reduced his shareholding in alibaba in the third quarter, the rise in alibaba's stock price led to an increase in the proportion of the holdings' market value.

At the end of September this year, Tepper stated that he was adopting a comprehensive buy strategy for chinese assets, as chinese stocks are much cheaper than usa stocks, and that the scale of the easing policies introduced in china exceeded expectations, having previously bought almost all large chinese technology stocks, with future investment limits in chinese stocks potentially doubling.

Another Wall Street mogul has also made significant buys of china assets.

The usa Securities and Exchange Commission's form 13f document shows that Michael Burry's investment firm, Scion, has most of its positions betting on china assets.

Who is Michael Burry? Burry is the most famous short seller on Wall Street, who predicted the usa real estate bubble before the financial subprime crisis in 2008, and gained fame in the international capital circle by short selling during the subprime crisis. His story was made into the movie 'The Big Short' in 2015.

Not only did he make a fortune during the subprime crisis, but he also emerged unscathed during the dot-com bubble crisis in 2000. From 2000 to 2008, Michael Burry's fund achieved a return of 489.34%, while the s&p 500 index yield was less than 3% in the same period.

Before this round of soaring prices for china assets, Michael Burry made early bets. In the first quarter of this year, Michael Burry increased his shareholding in alibaba by nearly 67%. In the second quarter, he continued to increase his shareholding in alibaba, making it his largest holding. Information for the third quarter shows that Michael Burry's fund has again increased its holdings in alibaba shares by nearly 30%, in addition to increasing holdings in jd.com and baidu.