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“The Big Short” Michael Burry: Now is an excellent time to buy Hong Kong stocks on the dip
BlockBeats message, July 17 — Michael Burry, the prototype of “The Big Short,” said today that as the appeal of the South Korean, Japanese, and SOXX semiconductor sectors weakens, this is an excellent time to shift to the Hong Kong market to look for undervalued stocks.
He believes that some Hong Kong-listed stocks with lower valuations could perform well after capital attention shifts away from South Korea, Japan, and the semiconductor sector.