news

한어한어Русский языкРусский языкEnglishEnglishFrançaisFrançaisIndonesianSanskritIndonesian日本語SanskritDeutsch日本語PortuguêsDeutschΕλληνικάPortuguêsespañolΕλληνικάItalianoespañolSuomalainenItalianoLatinaSuomalainenLatina

according to fast technology news on october 4, according to media reports, the latest disclosed u.s. 13f documents show that michael berry, the famous “big short” on wall street, as of the end of the first half of this year, nearly half of his asset portfolio was invested in chinese assets, among which alibaba baba became its largest holding.

the recent significant rise in chinese concept stocks has allowed berry to make a lot of money. data shows that as of october 2, alibaba has increased by more than 50% since the second half of the year.

michael berry successfully predicted the u.s. real estate bubble in 2008 and made profits by shorting the real estate market. since the fourth quarter of 2022, he has begun to deploy chinese assets.

in the first quarter of this year, he increased his holdings by 67% of alibaba shares; in the second quarter, he continued to increase his holdings by 30,000 shares, making alibaba the largest holding in his investment portfolio, accounting for 21.26%.

as of the end of the first half of the year, the three stocks of alibaba, baidu and jd.com accounted for approximately 46% of berry's investment portfolio.

in addition to michael berry, david tepper, another well-known investor on wall street, has also been long chinese assets from an earlier time.

tepper manages the $6 billion hedge fund appaloosa management. as of the end of the second quarter of this year, its largest position was alibaba, accounting for 12% of its investment portfolio.