U.S. Stocks Unusual Movement | Private Equity Firms Increase Holdings in Chinese Concept Stocks in First Quarter, Vipshop (VIPS.US) Surges Over 8%
According to the an app of securities and finance news, on Friday, the stock price of Vipshop (VIPS.US) rose, with the stock price up over 8% to $15.68 at the time of publication. On the news side, against the backdrop of the "East Rising, West Falling" market trend at the beginning of this year, Chinese private equity giants are optimistic about the prospects of Chinese assets. The first quarter holdings data released by Hillhouse Advisors shows that they continue to increase their allocation to Chinese assets, with Vipshop being one of the top ten heavily-weighted stocks in the first quarter for this institution.
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