$Alibaba (BABA.US)$$BABA-W (09988.HK)$$JD.com (JD.US)$$JD-SW...

bullrider_21 commented on a stock · May 16, 2023 20:28

$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$

'Big Short' took big bet on Alibaba and JD.com. The two tech shares now make up about 20% of his Scion Asset Management portfolio. Scion held USD10.2 m worth of Alibaba shares and USD11 m worth of JD.com shares as of Mar 31. The two online retail giants are now the top two stock holdings under Scion Asset Management. They collectively made up 20% of the hedge fund's USD107 m allocation as of Mar 31.

'Big Short' Michael Burry is long on China's Alibaba and JD.com - these stocks are now a fifth of his portfolio

$Hang Seng Index (800000.HK)$ $CSI 300 Index (000300.SH)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $AEM SGD (AWX.SG)$ $RH PetroGas (T13.SG)$ $Dyna-Mac (NO4.SG)$ $Geo Energy Res (RE4.SG)$ $Golden Energy (AUE.SG)$

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Wannab3hypebeast : Main reason why I'm still clenching calls. $Alibaba (BABA.US)$ earnings should be great I see 100 coming soon

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Deep Sea Wannab3hypebeast : Agree. Earnings should be good. Take reference from JD,.com will know. 100 to 110 possible soon.

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