Jun. 26 at 10:52 AM
$XPEV Selling looks mechanical to me, dedicated Asian funds rotating toward semiconductor proxies, NOT a genuine reassessment of Chinese fundamentals.
If that’s right, pressure may have little to do with the actual businesses. I’m watching HK closely for entries.
I have been holding Xpeng as a fundamentally dislocated asset experiencing technical pressure from macro and narrative forces unrelated to its underlying story (VLA 2.0, Turing SoC, VW licensing, European revenue).
Burry is now publicly articulating this logic one level up, the index pressure on Chinese names is a mania artifact, not a verdict on the companies.
Burry recently expressed this sentiment, capital rotating within Asian dedicated funds toward the semiconductor mania beneficiaries (TSMC, Samsung, SK Hynix, Tokyo Electron) is creating technical selling pressure on HK-listed stocks, NOT fundamental deterioration. He’s explicitly distinguishing the 2.
Not financial advice. Do your own research before investing.
