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0 -0.00037864445285869 -0.0041650889814464 -0.0117379780386217 0.00340780007572889 0.0020825444907232 0.00363120030291557 0.00454373343430522
Stock impact report

Michael Burry's Top 15 Stock Picks For 2024 [Yahoo! Finance]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: Yahoo! Finance
Michael Burry, the founder and manager of Scion Asset Management , increased his investments in Chinese tech giants Alibaba Group Holding Limited (NYSE: BABA ) and JD.com, Inc. (NASDAQ: JD ) during the fourth quarter of 2023, despite a continued decline in Chinese stock values. Following this move, Alibaba Group Holding Limited (NYSE:BABA) now holds the top position in Burry's Scion Asset Management portfolio, with Scion raising its stake in the e-commerce powerhouse by 50% by the end of December. However, these investments have faced challenges, with Alibaba Group Holding Limited (NYSE:BABA)'s shares down 5% year-to-date and JD.com, Inc. (NASDAQ:JD) experiencing a nearly 15% year-to-date decline as of February 26 amidst a broader sell-off of Chinese stocks due to concerns over a property crisis and an economic slowdown. As per Bloomberg , this is not the first time Burry has bet on these companies. He initially invested in New York-listed Alibaba Group Holding Limited (NYSE:BABA) an Show less Read more
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