JD.com ADR Stock News

Renowned investor Michael Burry, of ‘The Big Short' fame, has steadily been increasing his exposure to Chinese markets — starting with Q4 of 2023, and extending to Q1 and Q2 of 2024, per the 13F filings he has submitted to the SEC through his firm, Scion Asset Management.

Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China's stimulus announcement in September.

Alibaba stock and other U.S.-listed China firms slumped Tuesday as investors debated government stimulus plans.

Chinese stocks had a mixed reaction Monday to a press conference over the weekend where officials promised further action but didn't deliver a clear number on how much the country would spend in doing so.

JD.com (JD) stock price has staged a strong comeback, as I predicted in August. It soared to a high of $47.78 this month, its highest point since February 2023.

Michael Burry is one of the best investors of our time. Just recently, he heavily invested in an office REIT. We review this investment and share our thoughts on it.

Chinese stocks, represented by the Shanghai Stock Exchange (SSE) CSI 300 index, registered big losses after a recent massive surge. China's stock market reached a two-year high on October 9, a few days after the government provided significant financial stimulus.

These stocks are trading at less than 12 times their estimated future earnings.