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Why This $18 Million Sale Might Signal a Shift as a China Tech Bet Falls 34%

BZ
Investor Sentiment & PositioningMarket Technicals & FlowsEmerging Markets

RWC Asset Advisors sold 834,689 shares of Kanzhun Limited in the fourth quarter. The quarter-end position value fell by $24.00 million, a change attributed to both the trading activity and subsequent price movement, indicating a portfolio trim rather than company-specific operational news.

Analysis

RWC Asset Advisors sold 834,689 shares of Kanzhun Limited in the fourth quarter. The quarter-end position value fell by $24.00 million, a change attributed to both the trading activity and subsequent price movement, indicating a portfolio trim rather than company-specific operational news.

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