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Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer

Katie Kramer | CNBC. Stanley Druckenmiller's Duquesne Capital bought a variety of Chinese consumer and tech stocks in the second quarter, according to a filing Monday.

Stanley Druckenmiller's Duquesne Capital bought Chinese consumer and tech stocks in the second quarter, according to a filing Monday.

The billionaire's hedge fund took a stake in Chinese e-commerce giant Alibaba (NYSE: BABA) of 710,000 shares, according to a required 13-F filing with the Securities and Exchange Commission Monday. The hedge fund also took a 597,000-share stake in Yum China (NYSE: YUMC).

The...


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