---
title: "Global Asset Management Giants \"Moment of Shift\""
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/254330639.md"
description: "Global asset management giants are adjusting their positions against the backdrop of improving global trade and a weakening dollar. Data from the U.S. Securities and Exchange Commission shows that renowned hedge fund manager Michael Burry's Scion Asset Management flipped its position on Chinese concept stocks in the second quarter, purchasing call options for Alibaba and JD.com. At the same time, the fund management platform under Hillhouse Capital has also increased its investment in Chinese concept stocks. Foreign institutions' willingness to allocate assets in China has strengthened, with the scale of related ETFs significantly growing, indicating a consensus among global asset management giants on Chinese assets, with a focus on the technology sector"
datetime: "2025-08-24T18:06:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254330639.md)
  - [en](https://longbridge.com/en/news/254330639.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254330639.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/254330639.md) | [English](https://longbridge.com/en/news/254330639.md)


# Global Asset Management Giants "Moment of Shift"

As the global trade situation welcomes positive changes, as China's emerging industries gradually demonstrate international competitiveness, and as the trend of a weakening US dollar continues, global asset management giants have successively carried out a "big repositioning" of their holdings. Information disclosed by the US Securities and Exchange Commission shows that Michael Burry, the prototype of the movie "The Big Short," and his Scion Asset Management switched from short to long on Chinese concept stocks in the second quarter, buying call options for Alibaba and JD.com. Hillhouse Capital's fund management platform, which focuses on secondary market investments, also increased its positions in several Chinese concept stocks in the second quarter. Meanwhile, many foreign institutions have shown an increased willingness to allocate assets in China, and the scale of overseas China-related ETFs has significantly grown. It is evident that global asset management giants seem to have formed a "consensus" regarding Chinese assets. Specifically, in terms of allocation direction, global asset management giants continue to focus on technology

### 相關股票

- [JD.com (JD.US)](https://longbridge.com/zh-HK/quote/JD.US.md)
- [JD-SW (09618.HK)](https://longbridge.com/zh-HK/quote/09618.HK.md)
- [Alibaba (BABA.US)](https://longbridge.com/zh-HK/quote/BABA.US.md)
- [BABA-W (09988.HK)](https://longbridge.com/zh-HK/quote/09988.HK.md)

## 相關資訊與研究

- [JD.com Plans Offshore CNY Bond Offering to Refinance Debt](https://longbridge.com/zh-HK/news/281116889.md)
- [JD.com Announces Pricing of CNY10 Billion CNY-denominated Senior Notes | JD Stock News](https://longbridge.com/zh-HK/news/281432814.md)
- [Evanson Asset Management LLC Purchases Shares of 5,080 Alibaba Group Holding Limited $BABA](https://longbridge.com/zh-HK/news/280440745.md)
- [Alibaba develops next-gen chip for agentic AI, Chinese media says](https://longbridge.com/zh-HK/news/280250679.md)
- [China's AliExpress tells EU lawmakers it is working to comply with law](https://longbridge.com/zh-HK/news/280201018.md)