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Michael Burry Dumps Alibaba Shares and Builds JD.com Position
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'Big Short' investor Michael Burry liquidates entire Alibaba portfolio in favor of JD.com
Prominent investor Michael Burry completely dumped his stake in Alibaba while establishing a major new position in rival e-commerce firm JD.com. Market analysts noted that the portfolio reallocation was driven by growing valuation concerns surrounding Alibaba's equity.
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