With a portfolio concentrated on the media, consumer, industrial, and commodity-related industries, Lei Zhang is one of Asia’s top investors. BeiGene, Ltd. is the largest security in Zhang’s Q3 portfolio, accounting for 25.98 percent of the total investments. Long-term investments are made by investment management firms in top-tier businesses. Zhang earned a bachelor’s degree in economics from Renmin University of China and an MBA from Yale University.
Here is Insider Monkey’s list of top 10 stock picks of the Chinese Billionaire Lei Zhang. On November 9, DoorDash, Inc. released its third-quarter results. The company’s $1.27 billion in revenue was $98.79 million higher than expected. As of the third quarter of 2021, 42 hedge funds were positive on the firm. As of Q3 2021, Lei Zhang owned 5.36 million shares of BridgeBio Pharma, Inc., valued at $251.3 million. On November 4, the firm released its third-quarter results, with EPS of -$1.06, missing projections by $0.13. Pinduoduo Inc. was owned by 49 hedge funds at the end of the third quarter of 2021, valued at $3.53 billion. This compares to the same number of hedge funds with a total stake value of $5.27 billion in the previous quarter. iQIYI, Inc. is an internet streaming company that specializes in Asian television episodes and films. As of Q3 2021, CEO Lei Zhang holds 38.6 million shares in the firm, valued at $310.3 million. Out of the 119 hedge funds that declared owning stakes in Salesforce.com, inc. as of September this year, Fisher Asset Management is the most active. Hillhouse Capital Management, led by Lei Zhang, owns 1.25 million shares worth $340.1 million, or 4.44 percent of the company’s 13F securities. For more details, click Top 10 Stock Picks Of The Chinese Billionaire Lei Zhang.
