As of press release, Alibaba SW (09988. HK) rose 7.03%. On the news side, the investment company Scion Asset Management, the prototype of the male lead in the movie "Big Short" and legendary hedge fund manager Michael Burry, has increased its bets on Alibaba in the first season. In addition, Citron Capital posted on social media to support Alibaba, and the US stock market closed up 7.05% overnight.