JD.com Group opened up more than 4% and received a substantial increase in positions of overseas hedge funds in the first quarter.

[JD.com Group opened up more than 4% and overseas hedge funds significantly increased their positions in the first quarter] Caixian News Agency, as of press time, JD.com Group-SW (09618.HK) rose 4.18%. According to the F13 report, Scion Asset Management, a hedge fund owned by Michael Burry, a "big short" investor, increased its holdings of JD.com ADR by 6.763 million in the first quarter, accounting for 10.261% of its portfolio, making it the largest heavy stock, with a market capitalization of US $10.973 million.