Michael Burry increased his investments in Alibaba, JD.com, and Baidu while hedging through put options, showcasing a calculated approach amid fluctuating market conditions.
Burry boosted his Alibaba holding by 29% to 200,000 shares worth about $21 million and purchased bearish put options on 169,000 shares, indicating cautious optimism.
Reflecting on his strategy, Burry doubled his stake in JD.com to 500,000 shares valued at $20 million and acquired put options that mirrored his share count.
After the Chinese stock surge in September due to government stimulus pledges, Burry’s strategic moves reveal his confidence but with pragmatic risk management through hedging.
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