5 Best Stocks to Invest In According to Chinese Billionaire Lei Zhang

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1. BeiGene, Ltd. (NASDAQ: BGNE)

Zhang’s Stake Value: $1,878,025,000
Percentage of Lei Zhang’s 13F Portfolio: 19.33%
Number of Hedge Fund Holders: 21

BeiGene, Ltd. (NASDAQ: BGNE) discovers, develops, manufactures, and markets cancer therapies. The company was founded in 2010 and is placed first on the list of 10 best stocks to invest in according to Chinese billionaire Lei Zhang. BeiGene, Ltd. (NASDAQ: BGNE) shares have returned 14.52% to investors over the course of the past 12 months.

On August 18, BeiGene, Ltd. (NASDAQ: BGNE) declared that the marketing authorization application for Brukinsa, a therapy option for people with Waldenström’s macroglobulinemia, a rare non-Hodgkin lymphoma, has been accepted by Swissmedic, the Swiss Agency for Therapeutic Products. On June 14, SVB Leerink analyst Andrew Berens raised the firm’s price target on BeiGene, Ltd. (NASDAQ: BGNE) to $417 from $388 and kept an “Outperform” rating on the shares.

Lei Zhang’s Hillhouse Capital Management holds 5.47 million shares in BeiGene, Ltd. (NASDAQ: BGNE), worth over $1.8 billion, representing 19.33% of their portfolio. In the second quarter of 2021, 21 hedge funds in the database of Insider Monkey held stakes worth $6.19 billion in BeiGene, Ltd. (NASDAQ: BGNE), down from 19 the preceding quarter worth $6.24 billion. 

You can also take a peek at 10 Best Stocks to Invest In According to Philip Timon’s Owls Nest Partners and 10 Best Stocks to Invest in 2021 For Long-Term Profits

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