Ideas
Burry sold Alibaba; AI returns won't improve.
Michael Burry acknowledged he sold his Alibaba stake. He believes Alibaba's AI/ROI is not going to improve, losses are still widening, and Meituan will start to feel the impacts.
Burry sold Alibaba; AI returns won't improve.
Alibaba's massive equity raise to fund AI spending is value destructive. Capex more than doubled sequentially to $10 billion in one quarter and is heading toward $40 billion this year, while free cash flow has gone negative and cloud profit improvement is small relative to the investment. The dilution and poor ROI justify the negative market reaction.
Beth Wong
Asian Equities Senior Investment Specialist, HSBC Asset Management
13:35
China is neglected with structural tech growth.
China has been neglected for a long time and is a sleeping giant. Domestic technology champions are emerging, policy prioritizes innovation, valuations remain reasonable, and there are structural earnings growth opportunities in Chinese tech, AI, data, open-source models, and industrial/humanoid robots.
Beth Wong
Asian Equities Senior Investment Specialist, HSBC Asset Management
17:13
North Asian tech positioning is crowded.
North Asian technology plays are more crowded in terms of technical positioning, so HSBC is more cautious on them relative to Chinese tech.
Beth Wong
Asian Equities Senior Investment Specialist, HSBC Asset Management
18:00
Chinese biotech evolved into drug-development partner.
China's healthcare sector, specifically biotech, has been neglected in the first half but is getting interesting. China has evolved from a low-cost research hub to a partner in drug development and manufacturing, and HSBC is positive on some Chinese players.
Beth Wong
Asian Equities Senior Investment Specialist, HSBC Asset Management
19:04
India is an uncrowded structural growth play.
India is an anti-AI trade with smaller AI exposure but many structural opportunities: consumption, favorable demographics, strong car sales growth, and financials. Foreign institutions are returning since mid-June, ownership is at a 20-year low, and HSBC is overweight consumer discretionary and financials.
CXMT earnings trajectory accelerates through 2027.
CXMT's longer-term earnings trajectory is set to jump significantly through 2027, with revenue potentially rising up to 67%. Key areas for investors include high-bandwidth memory developments, pricing trends, geopolitical outlook, and capital expenditure.
Lithium cycle inflected; demand broad; supply tight.
Lithium has moved from glut to shortage and the market is in the next part of the cycle. Prices recovered from $600 lows to about $2,000, production and sales are at records, costs improved, and demand is broadening across EVs, AI data-center batteries, marine, robots, drones, and heavy trucks. PLS is bringing swing capacity back online and advancing its P2000 expansion toward 2 million tons.
Treasury yields likely move upward.
With Fed Chair Warsh likely to provide little forward guidance and markets scrutinizing every line around Jackson Hole, the likely outcome is more upward movement in Treasury yields.
NVIDIA could be bigger AI catalyst.
Jackson Hole has historically been a catalyst for pick-and-shovel AI names. Given recent weakness in Asian AI spenders, AI beneficiaries could extend momentum, and NVIDIA could be a bigger catalyst this week.
Eoptolink sees triple-digit growth, closing gap.
Eoptolink's second-quarter revenue was up nearly 100% on an 800-gigabit ramp and terabit contribution. Demand signals are strong from US and China hyperscalers raising capex, and the company is expected to report high-end guidance with triple-digit revenue and earnings growth in the second half while closing the 1.6-terabit gap.
Luxshare gains iPhone share and diversifies.
Luxshare Precision is benefiting from iPhone outperformance, potential new-model demand in September, and share gains as other suppliers exit iPhone assembly. Its diversification into automotive and communication interconnects provides additional growth optionality.
This Bloomberg Markets video, published August 24, 2026,
features Michael Burry, Beth Wong, Rachel, Dale Henderson, David Savage, Sean, Steven
discussing Meituan, BABA, FXI, Chinese technology, North Asian technology, XBI, Indian consumer discretionary, IBN, INDA, CXMT, PLS, LITHIUM, TLT, NVDA, 300502.SZ, Luxshare Precision.
12 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Michael Burry,
Beth Wong,
Rachel,
Dale Henderson,
David Savage,
Sean,
Steven
· Tickers:
Meituan,
BABA,
FXI,
Chinese technology,
North Asian technology,
XBI,
Indian consumer discretionary,
IBN,
INDA,
CXMT,
PLS,
LITHIUM,
TLT,
NVDA,
300502.SZ,
Luxshare Precision
