Tiger Global Management, which has offices in Midtown Manhattan, had been shrinking its exposure to Chinese equities, concentrating on a smaller set of companies.
Longtime China investor Tiger Global Management has hit pause on investing in Chinese equities, said people familiar with the matter, as the firm reassesses its exposure to the world’s second-largest economy after President Xi Jinping cemented his control over the country.
Tiger executives, including founder Charles “ Chase” Coleman , have told others that Mr. Xi’s reelection and his stacking of the Communist Party’s leadership with loyalists at the recent party Congress could increase geopolitical tensions and means the country’s Zero-Covid policy will likely continue, the people said.