GuruFocusยท2024-10-03 15:30Group 1: Investment Strategies and Performance - Michael Burry's investment firm, Scion, has allocated nearly 50% of its asset portfolio to Chinese stocks, with Alibaba being the largest holding [1] - Alibaba's stock price has surged over 50% since the beginning of the second half of the year, reflecting significant gains in Chinese stocks [1] - David Tepper's hedge fund, Appaloosa Management, manages $6 billion and holds Alibaba as its largest position, comprising 12% of the portfolio [1] Group 2: Market Trends and Investor Sentiment - International investors are increasingly interested in Chinese markets following favorable policy announcements, as evidenced by a $199 million net inflow into the KraneShares China Internet ETF (KWEB) [2] - The KWEB ETF's assets have grown 76% since the end of August, indicating strong investor confidence [2] - Analysts expect the uptrend in A-shares to continue, supported by policies in real estate, consumption, and stock markets, with Chinese markets anticipated to outperform developed markets as the Federal Reserve shifts towards a rate-cutting cycle [2]