Jul
14
In Less Than THREE…. Months….Over 5000 New Hedge Funds Launch In China!
ByChina’s stock markets have been on a record-setting run over the last few quarters. The Shanghai Composite index hit a seven-year high last Friday and has moved up more than 150% over the last 12 months. The small-cap, technology-focused ChiNext market Shenzhen is up over 300% in the last year.
This stock market frenzy in China has also led to the launch of a slew of new hedge funds and private equity funds, In fact, according to a June 14th article in theFinancial Times, more than 4000 new Chinese hedge funds have been established just in the last three months…
