NEW YORK -- Bridgewater Associates, one of the world's largest hedge fund managers, divested all its holdings in U.S.-listed Chinese companies in the second quarter, marking a significant withdrawal amid geopolitical tensions.
Equities
Bridgewater cuts China exposure, selling $1.4bn in US-listed shares
Hedge fund divests from big names including Alibaba, Baidu and JD.com
Bridgewater, one of the world's largest hedge fund managers, has also increased its holdings in technology giants Nvidia and Microsoft while reducing its stake in Apple.
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