He is the prototype of the movie 'Big Airdrop', Michael Burry， He foresaw the bear market in the real estate subprime mortgage market through the 2008 subprime crisis and went short extensively, making a huge profit. Known for its bearish stance and reverse betting in the long run. You can understand his position as the best thinker for understanding cycles. His macro strategy is unparalleled. In the latest 13F form submitted to the SEC, his position has decreased from 130 million US dollars to 77 million US dollars, basically operating at 50% position. Although he has reduced his holdings, the proportion of Chinese concept stocks in his position is still as high as 53%. And he has been extensively investing in Chinese concept stocks since Q3 of 2024, such as Alibaba, which is still his first position, followed by Baidu, JD.com, and Pinduoduo. The consumer sector is betting on Est é e Lauder (EL), which has hit rock bottom, as well as health insurance (MOH). So don't say anything more about Chinese concept stocks or Hong Kong stocks. Without foreign investment, speaking without looking at data is really going to get slapped hard! That's also why we led a small group of partners to shift from the US stock market to the Hong Kong stock market. 🧐