Michael Burry Exposes 'Vulnerability' In Chinese Tech, Warns Of Hong Kong's 'Cayman Islands Shell' Trap - Tencent Holdings (OTC:TCEHY)
Famous ‘Big Short’ investor Michael Burry has issued a stark warning regarding the structural integrity of Chinese technology stocks, cautioning that most investors do not actually own the companies they believe they are betting on.The ‘Cayman Shell’ VulnerabilityIn a series of recent posts on X and his Substack, Burry—who famously predicted the 2008 housing market crash—detailed a critical legal flaw in the Hong Kong market.He noted that for nearly all major Chinese firms, excluding outliers like BYD or Ha ...