Michael Burry of "The Big Short" fame ramped up his bets on Chinese stocks in the third quarter.Kevin Mazur/WireImageMichael Burry bolstered his bets on three Chinese tech companies last quarter.The "Big Short" investor raised his stakes in Alibaba, Baidu, and JD.com but also hedged the wagers.Burry didn't add any new names to his stock portfolio but exited a couple in the period.Michael Burry doubled down on three of China's biggest technology companies last quarter, boosting his stakes while carefully hedging his bets.The investor of "The Big Short" fame bolstered his Alibaba position by 29% to 200,000 shares worth around $21 million at the end of September, a quarterly portfolio filing revealed on Thursday.
Similar Stories to 'big Short' Investor Michael Burry Boosts Alibaba, Baidu, And Jd.com Bets As He Doubles Down On China on Bing News
tmohamed@insider.com (Theron Mohamed), Business Insider
Thu, 11/14/2024 - 3:23pm
Topics: the big short big short the big short. kevin mazur/wireimagemichael burry alibaba china scion asset management molina healthcare shift4 payments olaplex bioalta hudson pacific properties therealreal american coastal insurance gamestop s&p nasdaq apple tesla cathie wood ark etf nvidia business insider michael burry baidu jd september bets shares million put stocks options stock positions position portfolio quarter fame worth stakes bolstered chinese raised bearish exited companies meme purchased nominal bubble economic stake number bought doubled
BING NEWS:
- 'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hedged its positions.
11/14/2024 - 9:25 am | View Link - Michael Burry Boosts China Stakes But With Cautious Hedges
Michael Burry, the hedge fund manager famous for his 2008 bet against the US housing market, further increased his exposures in China stocks including Alibaba Group Holdings Ltd. in the third quarter ...
11/14/2024 - 8:42 am | View Link - Michael Burry added to bets on Chinese stocks last quarter — but there’s a catch
Michael Burry, the hedge-fund investor made famous by Michael Lewis’s book “The Big Short,” upped his bets on Chinese stocks during the third quarter — but he’s also making sure to protect his ...
11/14/2024 - 7:26 am | View Link - Michael Burry's Scion fund exits BioAtla, boosts Alibaba stake, adds puts: top Q3 trades
Michael Burry's hedge fund, Scion Asset Management, exited its stakes in BioAtla (NASDAQ:BCAB) and Hudson Pacific Properties (NYSE:HPP), and increased his holdings in Alibaba Group (NYSE:BABA), Baidu ...
11/14/2024 - 6:43 am | View Link - More
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