Today news
About the same in other media
'Big Short' Michael Burry doubles down on Chinese tech investments amid slow recovery
Reading now: 809
The move follows a slight recovery in Chinese shares, which for the past year have seen an ongoing downturn in value. According to Scion Asset Management's most recent 13F filing with the Securities and Exchange Commission (SEC), Burry's holdings in JD.com rose by 80% from the previous quarter, boosting its number of shares from 200,000 to 360,000 and reaching $9.9m in value. The fund's investment in JD's equities turned the Chinese e-commerce giant into Scion's largest holding. 'Big Short' Michael Burry bets against S&P 500 and Nasdaq Scion has also boosted its stake in Alibab...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Blacklisted Chinese companies rebrand as American to dodge crackdown livemint.com /5 months ago
Chinese and Japanese leaders in South Korea for their first trilateral meeting since 2019 economictimes.indiatimes.com /5 months ago
Scottish Mortgage sells out of Tencent as Chinese investments become more selective investmentweek.co.uk /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
