TOKYO -- Key U.S. funds are slashing positions with exposure to China while focusing more on American technology giants, a Nikkei analysis shows, adopting a more defensive strategy amid uncertainties in the world's second-largest economy.
Markets
Big U.S. funds shed Alibaba, Apple to curb China exposure
Appaloosa, Third Point shift focus to home turf, other tech stocks
Billionaire investor George Soros, left, and Appaloosa chief David Tepper. U.S. funds appear to be going on the defensive. (Source photos by Reuters)
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