---
title: "Michael Burry Exits BABA-W, Does Not Support Latter's Share Placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296720098.md"
description: "Hedge fund manager Michael Burry has exited his position in Alibaba (BABA-W) and criticized its high valuation, stating the stock price needs to halve before he regains interest. He also opposes Alibaba's recent HKD80 billion share placement, expecting declining returns. Conversely, Burry is building a stake in JD.com (JD-SW)."
datetime: "2026-08-24T01:16:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296720098.md)
  - [en](https://longbridge.com/en/news/296720098.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296720098.md)
generator: "portal-rs"
---

# Michael Burry Exits BABA-W, Does Not Support Latter's Share Placement

Michael Burry, the US hedge fund manager who inspired the protagonist in the film "The Big Short", criticized BABA-W (09988.HK) -10.000 (-8.130%) Short selling $4.45B; Ratio 24.410% (BABA.US) for having an excessively high valuation and said he had exited his position, while building a stake in JD-SW (09618.HK) +2.800 (+2.431%) Short selling $128.32M; Ratio 23.880% (JD.US) .

He said he had originally planned to reinvest most of his capital into BABA-W within one to two months, but the plan has now changed. He believed BABA-W's share price would need to fall by half before he would regain interest.

BABA-W had earlier announced a new share placement to raise HKD80 billion. However, Burry said he does not support such decision and expected the company's return on investment to continue declining.  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-21 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

### Related Stocks

- [JD.US](https://longbridge.com/en/quote/JD.US.md)
- [KJD.US](https://longbridge.com/en/quote/KJD.US.md)
- [09618.HK](https://longbridge.com/en/quote/09618.HK.md)
- [09988.HK](https://longbridge.com/en/quote/09988.HK.md)
- [BABA.US](https://longbridge.com/en/quote/BABA.US.md)
- [89988.HK](https://longbridge.com/en/quote/89988.HK.md)
- [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md)
- [89618.HK](https://longbridge.com/en/quote/89618.HK.md)

## Related News & Research

- [Michael Burry Says He 'Flipped' His Alibaba Stock into JD and Won't Be Flipping Back — Hong Kong-Listed Stock Falls Nearly 10% on $10B Raise](https://longbridge.com/en/news/296735167.md)
- [Alibaba’s US$10 billion share sale does not stun just Michael Burry](https://longbridge.com/en/news/296884936.md)
- [BREAKINGVIEWS-JD deal showcases stakes of a China-EU cold war](https://longbridge.com/en/news/296985069.md)
- [BABA Stock Falls Nearly 4% Amid $10 Billion HK Placement: Analyst Nicholas Mugalli Says Market Reaction is 'Pure Relief' For Shortsellers](https://longbridge.com/en/news/296777972.md)
- [Alibaba Stock (BABA) Closes Down 10%. Here's Why](https://longbridge.com/en/news/296824503.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**