华尔街“大空头”，做多中概股

Group 1 - Michael Burry, a well-known hedge fund manager, has shifted his stance on Chinese stocks from shorting to buying call options on Alibaba and JD.com in Q2 2023, contrasting with his previous bearish position in Q1 2023 [2][4] - Since Q4 2022, Burry has been accumulating Chinese assets, with Alibaba, JD.com, Baidu, and Pinduoduo making up over 50% of his portfolio by the end of last year [4] - In Q1 2023, Burry almost completely liquidated his positions due to market uncertainties, retaining only a small portion of his investment in Estée Lauder while buying put options on several Chinese stocks [4] Group 2 - Recent reports indicate that several foreign investment giants are bullish on Chinese assets, with Goldman Sachs noting a significant increase in investor interest in the Chinese stock market during June and July [6] - According to the Vice President of WisdomTree, China has three core competitive advantages over Western markets: a complete modern industrial system, increased R&D investments leading to brand premium, and substantial long-term investments in key technology sectors [6] - These advantages have led international capital to shift its narrative regarding China, focusing more on the competitiveness and fundamentals of Chinese companies [6]