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'Big Short' Michael Burry Adds Stake in JD-SW, Initiates Position in BABA-W
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Hedge fund manager Michael Burry disclosed that he increased his holdings of put options on NVIDIA (NVDA.US), while buying shares of JD-SW (09618.HK) and BABA-W (09988.HK). In a post on Substack, Burry said Alibaba represented a newly established position, accounting for slightly more than 6% of his portfolio. His position in JD was a notable increase, with a weighting higher than that of Alibaba. He viewed JD's recent share price weakness provides a highly attractive entry point. Burry also purchased GameStop (GME.US), further expanding an already sizable position, and initiated a position in Fiserv (FISV.US). Auto-translated by AI AASTOCKS Financial News |
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