Innate Pharma Reports 55% Revenue Drop and €49.2M Net Loss for 2025 
EU and CPTPP Nations Push for Landmark Digital Trade Agreement 
Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse 
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Henkel in Advanced Talks to Acquire Olaplex at $2 Per Share 
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic 
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand 
Asia Markets Tumble as Gulf Conflict Drives Oil Prices to Historic Highs 
Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations 
U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures 
Google's TurboQuant Sends South Korean Chip Stocks Tumbling Amid AI Memory Demand Fears 
McDonald's and Restaurant Brands International Face Headwinds Amid Iran Conflict and Rising Costs 
Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes 
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco 
Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round 
Oil Prices Slip as Trump Extends Iran Ceasefire Deadline Amid Ongoing War Fears 
At the 2025 Sohn Investment Conference in Hong Kong, global hedge funds revealed top stock picks spanning China, India, and Korea, signaling a strategy to diversify amid rising market volatility and trade tensions.
Flight Deck Capital spotlighted Baidu (NASDAQ:BIDU), citing its autonomous taxi unit Apollo Go, which mirrors Google’s Waymo but operates independently of capital markets. Founder Jay Kahn forecasts China’s ride-hailing sector reaching $237 billion by 2034, with Apollo capturing 15%—a segment the market currently undervalues.
Apeiron Capital backed DiDi Global for its profit rebound in China and rapid growth in Latin America. Meanwhile, Triata Capital highlighted PDD Holdings, the parent of Temu, noting its monthly active users now exceed Amazon (NASDAQ:AMZN), signaling strong global momentum for Chinese e-commerce.
In India, Arisaig Partners favored MedPlus Health Services for its private-label strategy, competitive pricing, and rising middle-class consumer demand. Panvira Management pitched Piramal Pharma, a contract development and manufacturing firm, citing high growth potential and favorable tax normalization.
Geopolitical shifts are also shaping investment theses. MY.Alpha Management’s Jon Jhun endorsed Hyundai Engineering & Construction (KS:000720) for its dominant role in the nuclear EPC sector, benefiting from Korea’s position in the global nuclear supply chain, excluding Russia and China. Frontline Global Management recommended Spanish defense firm Indra Sistemas (BME:IDR), betting on expanded European defense contracts.
Activist hedge fund Palliser Capital disclosed a 3% stake in Japan’s Toyo Tire, urging shareholder-friendly reforms. Oasis Management remains bullish on Round One, a Japanese entertainment firm branching into Michelin-inspired dining in the U.S.
The broad range of ideas—from AI-driven mobility to defense and healthcare—underscores hedge funds’ pursuit of global alpha despite uncertain macroeconomic conditions.
