big short

‘Little emperors’ in China, Malaysia’s durian trademark: SCMP’s 7 highlights

by
‘Little emperors’ in China, Malaysia’s durian trademark: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China will seize global manufacturing crown from US by 2035: … Read more

‘Big Short’ Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

by
‘Big Short’ Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

Scion Asset Management founder Michael Burry is known for betting against the housing market during the 2008 financial crisis. The trade, which netted him $700 million, was chronicled in the award-winning film Big Short. His contrarian approach and unique foresight also prompted trades like buying water assets, forecasting future scarcity, and investing in GameStop before … Read more