9 Latest Stock Picks of Chinese Billionaire Chen Tianqiao's Shanda Asset Management
In this piece, we will take a look at the 9 latest stock picks of Chinese billionaire Chen Tianqiao's Shanda Asset Management.
Shanda Asset Management is a privately owned multinational investment firm with offices in Shanghai, Singapore, Hong Kong, New York, and Redwood City. The firm invests in public markets, real estate, and venture capital, focusing on healthcare, financial services, media, and technology sectors.
Tianqiao Chen founded Asset Management in 1999. Under his leadership, Shanda has seen three subsidiaries listed on NASDAQ and one on KOSDAQ. Chen is a pioneer in China's online gaming and online literature industries and is recognized as an innovative entrepreneur. In 2012, Chen and his family took Shanda’s parent company private, transforming Shanda Group into a family-owned, global investment company. He holds a Bachelor of Arts degree in Economics from Fudan University.
Shanda Asset Management Holdings LTD is based in Tortola. As of Q1 2024, they manage $1.34 billion in 13F securities, with a top 10 holdings concentration of 100%. Their largest holding is Invesco QQQ Trust, Series 1, with 2,008,500 shares.
