Investor retreat leaves China hedge funds in disarray hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.
Hong Kong-based hedge fund
Dantai Capital is closing its main fund, saying its investment
style no longer fits with current conditions in Chinese markets,
according to a letter sent to investors last.
Dantai to Shut China Flagship Hedge Fund That Peaked at $2 4 Billion bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
Shares in Chinese education companies and the stocks of US tech companies expected to benefit from AI systems including ChatGPT, attracted the attention of large Asian hedge funds in the first quarter of the year, according to a report by Reuters.