---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000865447.md"
description: "Alibaba’s share placement was oversubscribed by sovereign wealth funds. I suspect Temasek or GIC could be among the investors! 🤔😆But interestingly, Michael Burry isn’t on board.He sold his entire Alibaba position and bought JD.com instead 😉. What do you think ? Was that a smart move?This week is a huge. Jackson Hole Symposium will likely bring much more needed clarity on Fed rate policy. I expect volatility! 😆😆😆I also watch Nvidia closely. Its  performance could push the S&P 500 and Nasdaq to fresh all-time highs! 📈🚀"
datetime: "2026-08-24T03:21:30.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000865447.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000865447.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000865447.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# Alibaba’s share placement was oversubscribed by so…


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## Comments (2)

- **Zanessa · 2026-08-24T05:55:36.000Z · 👍 1**: burry was out before the raise, he said back in late june he'd swapped into jd. he also put a number on coming back, baba would have to fall 50% first.
  - **Fattycat** (2026-08-24T05:59:25.000Z): Me too. Take profit and go. I am holding very little baba shares now. I swapped to Tencent 😊.


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