Why a Fund Has a $118 Million Bet on This Chinese Stock Still 50% Below Its 2021 Highs

Key Points Singapore-based Serenity Capital Management increased its Kanzhun Limited stake by 1 million shares during the third quarter. The net position change from the previous period was $45.6 million. The fund reported holding 5 million shares valued at $117.6 million as of September 30, making it the fund's largest holding. These 10 stocks could mint the next wave of millionaires › Singapore-based Serenity Capital Management disclosed a purchase of 1 million additional shares of Kanzhun Lim ...