5 Best Stocks to Invest In According to Chinese Billionaire Lei Zhang

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In this article, we will discuss 5 best stocks to invest in according to Chinese billionaire Lei Zhang. If you want to read our detailed analysis of Zhang’s history, investment philosophy, and hedge fund performance, go directly to 10 Best Stocks to Invest In According to Chinese Billionaire Lei Zhang.

5. Enstar Group Limited (NASDAQ: ESGR)

Zhang’s Stake Value: $417,594,000
Percentage of Lei Zhang’s 13F Portfolio: 4.29%
Number of Hedge Fund Holders: 11

Enstar Group Limited (NASDAQ: ESGR) buys and manages insurance and reinsurance firms, as well as run-off insurance and reinsurance portfolios. It was incorporated in 2001 and is placed fifth on the list of 10 best stocks to invest in according to Chinese billionaire Lei Zhang. Enstar Group Limited (NASDAQ: ESGR) currently has a $5.07 billion market capitalization and was able to deliver a 34.47% return in the past 12 months. 

On August 18, Enstar Group Limited (NASDAQ: ESGR) announced that it issued 3.100% senior unsecured notes due 2031, whose principal amount is $500 million. The money will be utilized to fund the purchase of its 4.500% senior notes due 2022. 

The hedge fund chaired by Lei Zhang holds 1.75 million shares in Enstar Group Limited (NASDAQ: ESGR) worth over $417 million, representing 4.29% of their portfolio, making it the most significant shareholder of the company.



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