{
  "id": 3451096,
  "title": "Michael Burry Says He Would Buy Alibaba Stock When It Crashes 50%. You Shouldn’t Wait That Long.",
  "url": "https://urgent.news/2026/08/24/michael-burry-says-he-would-buy-alibaba-stock-when-it-crashes-50-you",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T19:22:25.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/michael-burry-says-buy-alibaba-192225348.html"
  },
  "original_language": "en",
  "account": "Alibaba stock plummeted 8.5% on Friday after the company announced a substantial share sale in Hong Kong to finance its AI investments. The firm issued 710 million new shares, raising $10.21 billion in what was the largest primary follow-on offering from a Hong Kong-listed company. Alibaba priced the shares 8.4% below their last traded price in Hong Kong. Michael Burry, renowned for his role in \"The Big Short,\" expressed skepticism about Alibaba's share sale, stating that he would only consider investing in the stock if it fell by 50% from current levels. This is not the first time Burry has criticized AI companies; in November 2025, he accused tech giants of accounting fraud by understating their depreciation through extended asset lifespans, particularly for Nvidia (NVDA) chips.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}