One of the best Wall Street strategies is to track the investments of billionaires such as David Tepper, who has a net worth of $21.5 billion. Tepper is the founder and president of Appaloosa Management, a hedge fund that focuses primarily on distressed debt. According to the fund’s recent 13F filings, it has purchased shares of China-based companies such as Alibaba (BABA) and JD.com (JD).
After years of underperformance, several investors are bullish on China in 2025. The world’s second-largest economy has announced several measures to improve consumer demand and boost multiple sectors.
