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The Swiss National Bank initiated a position in Chinsese electric-vehicle maker Li Auto, and bought more shares of peer XPeng
HECTOR RETAMAL/AFP via Getty Images
Switzerland’s central bank recently made big changes in its stock portfolio.
The
Swiss National Bank
initiated a position in Chinese electric-vehicle firm
Li Auto
(ticker: LI), and raised its holdings in
XPeng
(XPEV), another Chinese EV company. The bank also bought more shares of videoconferencing firm
Zoom Video Communications
(ZM), and increased its stake in
Tilray
(TLRY), a marijuana grower. The Swiss National Bank disclosed the trades, among others, in a form it filed with the Securities and Exchange Commission.
The bank said it doesn’t comment on individual investments. The Swiss National Bank managed about $150 billion in U.S.-traded equities as of March 31.
The bank bought…
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Text size
The Swiss National Bank initiated a position in Chinsese electric-vehicle maker Li Auto, and bought more shares of peer XPeng
HECTOR RETAMAL/AFP via Getty Images
Switzerland’s central bank recently made big changes in its stock portfolio.
The
Swiss National Bank
initiated a position in Chinese electric-vehicle firm
Li Auto
(ticker: LI), and raised its holdings in
XPeng
(XPEV), another Chinese EV company. The bank also bought more shares of videoconferencing firm
Zoom Video Communications
(ZM), and increased its stake in
Tilray
(TLRY), a marijuana grower. The Swiss National Bank disclosed the trades, among others, in a form it filed with the Securities and Exchange Commission.
The bank said it doesn’t comment on individual investments. The Swiss National Bank managed about $150 billion in U.S.-traded equities as of March 31.
The bank bought…
