China's sovereign wealth fund cut exposure to U.S. alternatives.

The entities involved

• TPG →

  American investment company

  • Citigroup reaffirmed its rating, TD Cowen upgraded its rating, and Morgan Stanley decreased its target price for TPG.Mon 10:12
  • TWFG, Inc. was required to file with the SEC regarding its stock purchases, listing on the Nasdaq stock exchange, and raising its position on May 28, 2026.Sat 20:50
• Beijing →

  capital city of China

  • The Chinese Communist Party (CCP) controls policies in Beijing.Mon 17:07
  • A Congressional Delegation condemned Beijing's new law regarding ethnic minorities.Mon 17:01

Related events

• Beijing intensified curbs on cross-border financial activity, affecting how mainland clients access global markets via Hong Kong.Jun 7
• China is expanding its gold reserves by reducing U.S. Treasury holdings, while the market reacts to the Fed Chair's speech at Jackson Hole and strong investor momentum in precious metals.Aug 31
• China signals support for US investment ties.Sep 5
• Concerns were raised in Beijing regarding a partner in Shanghai, involving stock trading on the Shanghai and Shenzhen exchanges.Aug 4
• A historical observation noting the divergence in borrowing costs between the US and China, dating back to July 2017.Sep 10