Is Tiger Global’s China Hustle Over?

The hedge fund dumped several Chinese stocks ahead of the latest rout.

The Pinduoduo app (Chan Long Hei/Bloomberg)

The Pinduoduo app

(Chan Long Hei/Bloomberg)

Over the past 20 years, Tiger Global has made many billions of dollars investing in Chinese companies, in both its private equity funds and its hedge fund. China’s biggest online retailer — — was its largest public equity position at the end of the second quarter.

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