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Thousands of Tiny Hedge Funds Face Closure in China Shakeup

(Bloomberg) China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely cause thousands of smaller managers to shut and impose stricter regulations on larger peers that have become a growing force in local markets.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidat ....

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