Burry significantly increased its holdings of JD.com and Ali in the first quarter, accounting for nearly 20%.

FAP, May 16 (FAP)-- according to the 13F report, Scion Asset Management, a hedge fund owned by Michael Burry, increased its holdings of JD.com ADR 6.763 million in the first quarter, accounting for 10.261% of its portfolio, making it the largest heavy stock, with a market value of US $10.973 million and the largest market value of its holdings. The hedge fund also increased its holdings of Alibaba ADR by 5.814 million, accounting for 9.555% of the portfolio, making it the second largest stock, with a market capitalization of $1.0218 million and the second largest market value.