TechFlow reports, July 17: Investor Michael Burry, who gained fame for accurately predicting the 2008 US subprime mortgage crisis and served as the prototype for the movie "The Big Short," recently stated that now is a "great opportunity" to find undervalued stocks in the Hong Kong stock market, believing that as the shine fades from South Korea, Japan, and the semiconductor sector, Hong Kong stocks are expected to benefit from capital inflows. Reports indicate that Burry increased his holdings in JD.com earlier this month.
Meanwhile, Wang Yajun, Head of Goldman Sachs Asia Equity Capital Markets, stated that the Hong Kong market has actually entered the AI era, but major indices have not yet fully reflected this change, leading to a divergence between the market's real vitality and index performance. Morgan Stanley has also recently expressed optimism towards Hong Kong stocks. However, factors such as weak consumer spending and pressure on the e-commerce industry outlook still constrain the overall performance of Hong Kong stocks.
