Michael Burry: Ali Baba has overvalued and sold all her hold

Michael Burry, a well-known investor, stated that Ali Baba ' s valuation had been overvalued and that he had recently sold all his warehouses to invest in Kyoto. He had planned to buy most of Ali ' s stock back in a month or two, but the plan had changed and he would not be interested unless Ali ' s share price was halved. With regard to the approximately HK$ 80 billion that Ali had just announced for investment in artificial intelligence, Brittany was unable to support the share。