What companies were involved in the Archegos fire sale?

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Archegos Fire Sale Involved Major Tech and Media Companies

Mizuho Financial Group is reportedly facing approximately US$90 million in losses stemming from the recent fire sale by Archegos Capital Management. This sell-off involved a significant number of shares in prominent technology and media companies, including major Chinese internet firms and US entertainment giants. The liquidation occurred late last month, impacting financial institutions globally.
Shares of Chinese Tech Firms Were Among Those Sold

Several leading Chinese technology companies saw their shares liquidated as part of the Archegos sell-off. These included Baidu Inc, Tencent Music Entertainment Group, and Vipshop Holdings. These companies were already facing pressure within China due to regulatory actions by Beijing concerning the tech sector.
US Media Companies Also Affected by the Liquidation

In addition to Chinese tech firms, major American media and entertainment companies were also involved in the Archegos fire sale. Specifically, shares of ViacomCBS and Discovery were among those sold off by Archegos Capital Management. This broad liquidation affected a diverse range of publicly traded entities.
Mizuho's Reported Losses Are Smaller Than Some Peers

While Mizuho Financial Group is reportedly facing an estimated US$90 million loss, this figure is considerably smaller than the potential exposure reported by other financial institutions. For instance, Nomura Holdings has warned of potential losses up to US$2 billion. The scale of losses varies significantly among the banks involved in the Archegos saga.

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What companies were involved in the Archegos fire sale?

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