Reported 10 months ago
Investor Michael Burry, known for his role in 'The Big Short', has recently increased his stakes in three leading Chinese companies: JD.com, Baidu, and Alibaba. These investments come amid a pricey U.S. stock market, capitalizing on favorable valuations in China's tech sector, despite concerns over regulatory unpredictability. Burry's moves suggest a positive outlook on China's growing middle class and e-commerce potential.
Source: YAHOO