London Daily

Focus on the big picture.
Saturday, Jul 12, 2025

Two Big US Investment Funds Adopt Soros’ Strategy of Dumping Chinese Stock Assets

Two Big US Investment Funds Adopt Soros’ Strategy of Dumping Chinese Stock Assets

The shift in American capital movements is taking place amid a massive sell-off of shares of Chinese companies, prompted in no small part by Beijing's perceived crackdown on private IT and education firms.

US investment companies D1 Capital Partners and Soroban Capital Partners have sold major stakes in Chinese companies following a strategy previously pursued by George Soros’ investment firm, filings with the US Securities and Exchange Commission (SEC) have shown.

D1 namely sold 25 million shares, or a 1.5% stake, in the New Oriental Education & Technology Group. Soroban Capital Partners, in turn, closed its 2.06-million-share position in the Alibaba Group Holding. The companies closed their China-based positions in the second quarter, right before a major sell-off on the Asian markets, dubbed "ugly July" by some investors. The Nasdaq Golden Dragon China Index tracking almost 100 top companies in China showed a 22% decline in July alone.

The Chinese companies' shares plunged following a series of changes in the country's economic policies, which are perceived as a crackdown by Beijing mostly targeting IT giants. The latter have long driven the Chinese economy, but have operated practically unchecked. The Chinese authorities have condemned some of their competition practices in the past.

However, the Chinese economic policy changes have also affected education companies, such as New Oriental Education & Technology. These companies have been severely limited in how they can earn profits from their operations.

The sell-off is apparently continuing in August. The Hang Seng Tech Index, which benchmarks the shares of the 30 largest technology companies listed at the Hong Kong exchange, showed a fall of 3.7% on 17 August and nearly 16% since the last peak at the end of June. The SEC has already issued a warning to all US market players, saying that investing in Chinese stocks might be risky at the moment.

Newsletter

Related Articles

0:00
0:00
Close
Reparations argument crushed
Rainmaker CEO Says Cloud Seeding Paused Before Deadly Texas Floods
A 92-year-old woman, who felt she doesn't belong in a nursing home, escaped the death-camp by climbing a gate nearly 8 ft tall
French Journalist Acquitted in Controversial Case Involving Brigitte Macron
Elon Musk’s xAI Targets $200 Billion Valuation in New Fundraising Round
Kraft Heinz Considers Splitting Off Grocery Division Amid Strategic Review
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
EU Proposes New Tax on Large Companies to Boost Budget
Trump Imposes 35% Tariffs on Canadian Imports Amid Trade Tensions
Junior Doctors in the UK Prepare for Five-Day Strike Over Pay Disputes
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
Bitcoin Reaches New Milestone of $116,000
Biden’s Doctor Pleads the Fifth to Avoid Self-Incrimination on President’s Medical Fitness
Grok Chatbot Faces International Backlash for Antisemitic Content
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
×