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Michael James Burry (/ ˈ b ɜːr i /; born June 19, 1971) [2] is an American investor and hedge fund manager. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments.
In the 12 months before September 2024, Scion quadrupled both its Alibaba and JD.com stakes. It went from owning 50,000 Alibaba shares worth $4.4 million to 200,000 shares worth $21.2 million.
The Stock Exchange of Hong Kong (Chinese: 香港交易所, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong.It is one of the largest stock exchanges in Asia and the 9th largest globally by market capitalization as of August 2024. [2]
QQQM, for instance, offers a lower share price than QQQ and is marketed towards retail investors, as opposed to institutional investors. [6] In July 2023, the fund had $5.3 billion in inflows. [7] Scion Asset Management, the investment firm run by Michael Burry, established a bet against the performance of QQQ in August 2023. [8]
Realord Group Holdings Limited (HKG:1196) shareholders might be concerned after seeing the share price drop 10% in the...
Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
New World Development owns listed companies NWS Holdings and New World Department Store China. New World China Land Limited is wholly owned by New World Development. The company also owned former listed company New World Hotels (Holdings). Rosewood Hotel Group, an hotel management company, is a former subsidiary of NWD group.