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'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.

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Michael Burry's Scion Asset Management has nearly half of its portfolio invested in Chinese tech giants like Alibaba .

China 's recent stimulus measures, including interest-rate cuts, have sparked a surge in stock gains.

Alibaba, Baidu , and JD.com are up 19% , 18% , and 32% so far this week .