Legendary investor Michael Burry, best known for predicting the 2008 financial crisis, recently suggested that now is “a particularly good time” to look for undervalued Hong Kong stocks as investors rotate away from expensive AI hardware names. His comments have renewed interest in China’s internet giants, many of which are trading well below previous highs despite making aggressive investments in artificial intelligence (AI).
Among the most compelling opportunities are JD.com (JD), Alibaba Group Holding Limited (BABA), and Tencent Holdings Limited (TCEHY). Together, these companies rank among the largest technology constituents of the Hang Seng Index ($HSI) and are increasingly positioning themselves as long-term AI leaders rather than simply e-commerce or social media companies.
