Hedge funds at Sohn Hong Kong’s 2025 conference have identified promising investment opportunities beyond traditional sectors. The focus on geographical diversification, driven by counter-tariff uncertainties and market volatility, saw investments in Chinese self-driving taxis and Indian pharmaceutical companies as top picks. Flight Deck Capital highlighted Baidu’s Apollo Go, a Chinese robotaxi company, for its independence from capital markets to scale, while Apeiron Capital backed DiDi Global, citing its growth in Latin America and improving domestic margins. Triata Capital placed bets on PDD, the Chinese discount e-commerce platform behind Temu, anticipating rapid user expansion. 2024 Sohn Hong Kong saw a shift towards healthcare and security sectors as well. Arisaig Partners invested in MedPlus Health Services in India due to its private label product offerings and increased competitiveness, while Panvira Management favored Piramal Pharma, an Indian CDMO expected to benefit from tax rate normalization. Hedge funds are also exploring the security sector driven by geopolitical conflicts, with MY.Alpha Management focusing on Korea’s nuclear supply chain and Frontline Global Management favoring Spanish defense firm Indra Sistemas for potential European contracts. While Japanese companies dominated investment discussions in 2024, 2025 saw a broader focus beyond Asia, especially on India’s rapidly growing pharmaceutical market.