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SHANGHAI: China's abrupt and ferocious stock market rally has slammed some of the country's biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets in the heavily regulated derivatives market. Beijing X Asset Management, Techsharpe Quant (Beijing) Capital Management

Channel News Asia

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China hedge funds caught out by abrupt market surge

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Government of Singapore

SHANGHAI (Reuters) –     China’s abrupt and ferocious stock market rally has slammed some of the country’s biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets in the heavily regulated derivatives market. Beijing X Asset Management, Techsharpe Quant (Beijing) Capital Management and Shenzhen Chengqi Funds are among the funds sideswiped when China’s struggling stocks recovered a quarter of their value in…

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WTVB

Midwest Communications

SHANGHAI: China’s abrupt and ferocious stock market rally has slammed some of the country’s biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets in the heavily regulated derivatives market. Beijing X Asset Management, Techsharpe Quant (Beijing) Capital Management and Shenzhen Chengqi Funds are among the funds sideswiped when […]

China hedge funds caught out by abrupt market surge

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