Goldman Sachs China Stocks: Top 5 Stock Picks

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1. Alibaba Group Holding Limited (NYSE:BABA)

Goldman Sachs’ Q2 Stake Value: $719.5 million

Number of Hedge Fund Holders: 112

A Positive rating and a $160 price target were reiterated on Alibaba Group Holding Limited (NYSE:BABA) shares on August 31 by Shyam Patil at Susquehanna.

A total of 112 hedge funds were long Alibaba Group Holding Limited (NYSE:BABA) in the second quarter. Their total stake value was $4.1 billion.

Alibaba Group Holding Limited (NYSE:BABA) is another broad-line retail company on our list. It provides tech infrastructure and marketing reach to merchants, brands, retailers, and other businesses.

Follow Alibaba Group Holding Limited (NYSE:BABA)

See also 11 Cheap Chinese Stocks to Buy According to Analysts and 10 Chinese Stocks Billionaires Are Loading Up On.

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