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Bloomberg
Soros Joined by D1, Soroban in Timely Exit of Chinese Stakes
(Bloomberg) — More funds joined George Soros’s investment firm in lightening their exposure to U.S.-listed Chinese companies in the second quarter, dodging a selloff prompted by a state crackdown on everything from ride-hailing to education companies.D1 Capital Partners, the investment firm run by Dan Sundheim, sold its 25 million shares in New Oriental Education & Technology Group Inc., while Soroban Capital Partners, the hedge fund firm co-founded by Eric Mandelblatt, exited its 2.06-million-