"The Big Short" Burry increased his holdings of put options on NVIDIA Corporation, bought shares of JD.com, Inc. Sponsored ADR Class A (JD.US), and Alibaba Group Holding Limited Sponsored ADR (BABA.US) stocks.

Prominent investor Michael Burry revealed his position in Chinese tech stocks and his increased bearish bets on NVIDIA Corporation, sparking wide market attention. On April 10, Michael Burry announced on his Substack platform that he had bought shares of JD.com, Inc. Sponsored ADR Class A (JD.US) and Alibaba Group Holding Limited Sponsored ADR (BABA.US). In addition to Chinese tech stocks, Burry also disclosed that he had increased his bearish options on NVIDIA Corporation and purchased shares of GameStop and payment technology company Fiserv. Burry, famous for accurately predicting the 2008 subprime mortgage crisis, is closely followed by the market for his every move. JD.com, Inc. Sponsored ADR Class AADR rose more than 2% on Friday. A large-scale layout of Chinese e-commerce and increased bearish options on NVIDIA Corporation According to Burry's post on Substack to paid subscribers, he bought shares of JD.com, Inc. Sponsored ADR Class A and Alibaba Group Holding Limited Sponsored ADR that day. The post stated: JD.com, Inc. Sponsored ADR Class A is an important addition to the position, Alibaba Group Holding Limited Sponsored ADR is a new position, slightly above 6%, and JD.com, Inc. Sponsored ADR Class A is slightly above this ratio. Burry also stated that the recent weakness of JD.com, Inc. Sponsored ADR Class A provided a "very attractive entry point," implying that his move is a buy-on-dips strategy. As for NVIDIA Corporation, Burry stated that he further increased his bearish options position: he bought put options that expire in January 2027 with a strike price of $115, costing $3.30. He added in the post: Another way to understand this is that my nominal short position is about 3%, and if NVIDIA Corporation really starts to drop significantly, borrowing costs may easily reach or even exceed this level. In addition, I continue to hold put options that expire in January 2027 with a strike price of $100. In February of this year, Burry issued a warning about the sustainability of the artificial intelligence boom, questioning whether tech giants' massive data center expenditures can be maintained in the long term without damaging their balance sheets and profits. This increase in bearish options positions continues his cautious stance on the AI sector. Burry also disclosed that he bought shares of GameStop, describing it as "continuing to increase the position on a fairly significant scale." In addition, he purchased shares of payment technology company Fiserv and expressed optimism about the company's "new leadership." This article is taken from "Wall Street News," written by Bai Yilong, edited by Li Cheng.