---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/24146621.md"
description: "$Alibaba(BABA.US) Reposting an interview with David Tepper. Host: Back to China, you have a large position in Alibaba. What are you buying now? You previously said China wouldn't exceed 10-12% of your portfolio, but we've seen you go over 12% recently. Does that mean you'll buy more?David Tepper: I only look at the risk-reward model. I added positions on the day the Fed cut rates, I added more after the China Fed made those statements, and I added again yesterday.Host: Still Alibaba, JD.com, and Baidu?David Tepper: Everything, Everything, ETFs, futures, E-V-E-R-Y-T-H-I-N-G. Listen, the last time I said to buy China's Everything was a long time ago, back in 2010. Now, I actually hope to see a pullback so I can add positions with my new fund that has no position limits. As soon as I see a pullback, I'll execute immediately. Look at these assets—single-digit P/E ratios, double-digit growth, and listen, some of these still have 50% cash on their books. And if the RMB continues to appreciate, they can buy back shares... (Theoretically, strong currency cash flows converted into weak USD for buybacks...)Host: As a hedge fund, how do you hedge the risks of these positions?David Tepper: I DON'T CARE$Direxion FTSE China Bull 3X(YINN.US)$Direxion FTSE China Bear 3X(YANG.US)$XL2CSOPHSTECH(07226.HK)$JD.com(JD.US)$Baidu(BIDU.US)"
datetime: "2024-09-27T01:03:10.000Z"
locales:
  - [en](https://longbridge.com/en/topics/24146621.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/24146621.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/24146621.md)
author: "[momoM](https://longbridge.com/en/profiles/7524795.md)"
---

# $Alibaba(BABA.US) Reposting an interview with Davi…


### Related Stocks

- [BABA.US](https://longbridge.com/en/quote/BABA.US.md)
- [89988.HK](https://longbridge.com/en/quote/89988.HK.md)
- [09988.HK](https://longbridge.com/en/quote/09988.HK.md)
- [YINN.US](https://longbridge.com/en/quote/YINN.US.md)
- [YANG.US](https://longbridge.com/en/quote/YANG.US.md)
- [07226.HK](https://longbridge.com/en/quote/07226.HK.md)
- [JD.US](https://longbridge.com/en/quote/JD.US.md)
- [89618.HK](https://longbridge.com/en/quote/89618.HK.md)
- [09618.HK](https://longbridge.com/en/quote/09618.HK.md)
- [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md)
- [89888.HK](https://longbridge.com/en/quote/89888.HK.md)
- [09888.HK](https://longbridge.com/en/quote/09888.HK.md)

## Comments (7)

- **股界梁朝伟 · 2024-09-27T01:34:07.000Z · 👍 10**: 今天会有不少韭菜趁节前跑路获利了结，但长期来看阿里现在的价位仍旧低位，毕竟作为能拿得出手的中概，阿里早已不再是电商平台，更多代表科技公司，还是那句话，这在港股通大叔大妈眼里就是我们自己的英伟达😎
  - **leo_x** (2024-09-27T01:42:19.000Z): 自己的英伟达，哈哈
  - **momoM** (2024-09-27T02:31:17.000Z): 短期拉得太快 回归一下再上车 只剩观察仓了🥹
- **Justin bob · 2024-09-27T01:11:10.000Z**: I DON‘T CARE🤣
  - **momoM** (2024-09-27T01:11:56.000Z): Hedge funds are indeed quick to turn around
- **leo_x · 2024-09-27T01:10:42.000Z · 👍 1**: 顺风的时候，一切都是这么美好～我感觉最近更多的还是国内抄底情绪的宣泄
  - **momoM** (2024-09-27T01:11:10.000Z): 是呢 短期拉太高 先跑些