Some of Wall Street’s best-known billionaire investors are reshuffling their bets on Chinese technology stocks amid the artificial-intelligence boom, with Stanley Druckenmiller returning to the market for the first time in more than two years with a stake in Baidu. Druckenmiller, an investor known for his decades-long track record of outsized returns, bought 88,200 of Baidu’s American depositary receipts (ADRs) – US-traded securities that represent shares in the Chinese company – through his...
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Business
August 18, 2026 at 3:00 AM
Several US billionaire investors reshuffle their Chinese technology stocks amid AI boom
SCMP Business