“ Big shorts ” Michael Burry sold China Tech, bet on Temu before Deepseek

• Michael Burry of the reputation of “The Big Short” carried out two of his three bets on the actions of Chinese technology in the last quarter.
• He invested in the owner of the time before the exit from Deepseek sparked a rebound on the market last month.
• Alibaba, Baidu, JD.com and PDD represented 53% of the Burry portfolio in 2025.

Michael Burry reduced two of his three major bettures on Chinese technology during the quarter ending on December 31, before the release of Deepseek in January triggered a massive rally on the country’s stock market.

The renown investor of “The Big Short” also bet on a fourth Chinese technological titan in the last quarter, leaving him well placed to capitalize on the excitation around the IA model at reduced prices.

Burry’s Scion Asset Management carried out its participation in Alibaba from 25% to 150,000 shares, and its JD.com position from 40% to 300,000 shares, in the last three months of 2024, a regulatory deposit said on Friday.

The fund manager, who predicted and benefited from the collapse of the American housing bubble in the mid -2000s, had quadrupled his challenges in Alibaba and JD.com in the 12 months ending on September 30.

Burry left his 125,000 Baidu intact shares in the last quarter, and there was no sign of the downstream put options that he had occupied against the three technological actions at the end of September.

In addition, he bought 75,000 PDD shares, the electronic commerce group behind Tamu and Pinduduo. This position was worth 7.3 million dollars at the end of December.

The four bets in China in Burry were worth nearly $ 41 million combined, or around 53% of the total value of the US Scholarship Portfolio on December 31. Its three previous points were worth much more at $ 54 million, or around 65% of the portfolio (excluding options) at the end of September.

The Deepseek frenzy fueled a 28% increase in Pinduoduo shares, a gain of 47% for Alibaba, an increase of 16% for Baidu and an increase of 19% for JD.com this year – excellent news for Burry S ‘He kept these actions.

Burry has made other striking changes to its portfolio in the last quarter. He left Olaplex, Shift4payments and Therealreal. On the other hand, he bought Canada Goose, Estee Lauder, Vans-Owner VF Corp., Bruker, Hca Healthcare, Magnera and Oscar Health.

The result was the number of scion positions from 11 to 13, even if the overall value of its portfolio increased from $ 83 million to $ 77 million, excluding options.

Chinese actions were under pressure before the release of Deepseek while investors were concerned about regulations, slowing down economic growth, a real estate crisis, increasing geopolitical tensions and a large skepticism of government recovery plans.

It should be noted that Burry may have left his bets in China during the new year. Portfolio quarterly updates only provide snapshots of a business assets in a single day about six weeks earlier. They also exclude actions sold in the short term, investments in private companies, foreign list assets and non -stocolo assets such as bonds and real estate.

In addition to its main role in the book “The Big Short” and cinematographic adaptation, Burry is also known to issue dark predictions of accidents and market recessions, Invest in GameStop long before it became a stock of memes, and bet Everything, from Tesla and Apple to a micropuce fund containing NVIDIA and S&P 500 and NASDAQ 100 clues.