Good evening and welcome to Markets Desk, your closing bell briefing on the stories moving money right now.
The S&P five hundred's dividend yield is sitting near levels not seen since the eighteen hundreds, and that context is drawing fresh attention to alternatives like the Schwab U.S. Dividend Equity ETF, which currently yields roughly triple what the broader index offers. For income investors watching valuations stretch, that gap is hard to ignore.
Turning to China, two significant institutional exits are worth noting in the same week. Kontiki Capital Management unwound roughly twenty million shares of Full Truck Alliance, a Chinese logistics platform, in a move valued at nearly one hundred ninety four million dollars. Separately, Tiger Pacific Capital exited over four hundred thousand shares of New Oriental Education at an estimated twenty four million dollars, while notably holding onto its position in TAL Education, signaling a selective rather than wholesale retreat from Chinese exposure.
And over at Berkshire Hathaway, the conversation around Warren Buffett and artificial intelligence is getting harder to avoid. Twenty eight percent of the portfolio now sits across three names that analysts are characterizing as AI-adjacent plays, a notable posture for a manager historically skeptical of technology as an asset class. Whether that reflects conviction or circumstance remains the question on the desk.
That's the tape. Markets Desk, signing off the floor.
