Posted inChina

China bears beware: hedge fund drops 73% on China short

Remember Emerging Sovereign Group’s Nexus hedge fund? Yes, it’s the same fund that started the year dropping 62% through April, betting against the Chinese economy. Now halfway through the year, Nexus’ losses have reached 73%, as the fund continues to short China, while MSCI China Index gains reach 25% through June, according to a report […]

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