Chinese Billionaire Zhang Lei is Selling These 5 Stocks

03. China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD)

Number of Hedge Fund Holders as of Q2 2022: 2

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) was established in 2003 and is located in Hangzhou, People’s Republic of China. Pharmacies and other healthcare products are sold and distributed in the People’s Republic of China by China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) and its subsidiaries. The stock has lost 60.5% value year to date. Hillhouse Capital held 4.8 million China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) shares during Q1, worth $1.53 million. It dumped this entire stake during Q2.

At the end of the second quarter of 2022, 2 hedge funds in the database of Insider Monkey held stakes worth $1.076 million in China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD), compared to 5 in the preceding quarter worth $1.764 million.