Why Michael “Big Short” Burry is Investing Heavily in Alibaba and Chinese Stocks
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Michael Burry’s increased investments in Alibaba and JD.com highlight optimism in undervalued Chinese equities despite significant risks, suggesting potential opportunities for value-focused investors. Michael Burry’s Scion Asset Management significantly increased investments in Alibaba and JD.com, indicating optimism about Chinese equities despite inherent risks. Alibaba’s valuation remains attractive compared to Amazon’s, and it trades at significantly…
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Chinese EV maker NIO (NIO) is in a downward spiral. Here are some factors contributing to the prevailing bearish sentiment surrounding the company’s stock. NIO’s stock has experienced a significant decline of around 93% from its peak in January 2021. Factors contributing to the bearish sentiment include slowing revenues, rising costs outpacing sales growth, operational losses,…