Aug. 15 at 5:08 PM
$JD $BABA $BIDU
https://bizorg.allard.ubc.ca/2024/12/05/hedge-fund-cult-leader-ray-dalio/ Ray Dalio, founder of Bridgewater Associates, fully exited the hedge fund at the end of July 2025 — selling his remaining stake and stepping down from the board. At the same time, Bridgewater sold about
$1.4–1.5 billion worth of U.S.-listed Chinese stocks during Q2 (April–June), including Alibaba, JD, Baidu, PDD, Nio, Trip , and others. This marks a sharp strategic shift, as Dalio had long been one of Wall Street’s most vocal China bulls. The move came just as Chinese markets were rebounding, suggesting a decisive “risk-off” repositioning by the fund.