China ADRs fall after hedge fund Bridgewater exits positions

U.S.-listed shares of Chinese companies fall after hedge fund Bridgewater Associates exits positions

Bridgewater exited its position in Alibaba 9988.HK, Yum China 9987.HK, Baidu 9888.HK and Nio 9866.HK, according to an SEC filing

Shares of these firms fall between 1% and 1.5% before the bell

Bridgewater also exited positions in TAL Education TAL.N, H World Group 1179.HK, KE Holdings 2423.HK

Bridgewater boosted its stake in U.S. tech firms Nvidia NVDA.O, Meta Platforms META.O, Alphabet GOOGL.O and Microsoft MSFT.O