Michael Burry Sells Alibaba Stock Ahead of Hong Kong Share Sale

Investor Michael Burry, known for predicting the 2008 financial crisis, sold his holdings in Alibaba stock prior to the company's $10 billion Hong Kong share sale. This move was followed by his investment in JD.com, another Chinese e-commerce giant.

25 Aug, 12:22 — 25 Aug, 12:22

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marketwatchMostly Factual1h ago

Major Alibaba figures make purchases as Chinese giant sells $10 billion of stock

Major Alibaba shareholders have made big share purchases ahead of vital secondary market offering

By Jules Rimmer

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First report: Yahoo · 25 Aug, 11:51|Full coverage: 2 · 30m|Window: 30m

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Yahoo25 Aug, 11:51First to report

Michael Burry sold Alibaba stock before $10 billion Hong Kong share sale

marketwatch25 Aug, 12:22Latest update

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Michael Burry Sells Alibaba Stock Ahead of Hong Kong Share Sale

Sources

Major Alibaba figures make purchases as Chinese giant sells $10 billion of stock

Coverage Timeline

Michael Burry sold Alibaba stock before $10 billion Hong Kong share sale

Major Alibaba figures make purchases as Chinese giant sells $10 billion of stock

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