Hedge fund • Investment fund • China • Stock

Shanghai hosts 2,245 hedge funds,

about a quarter of the nation’s total,

according to PaiPaiWang data.

Bridgewater’s onshore China funds gained 4.8% last

quarter, according to PaiPaiWang.

Li’s low-volatility Banxia Macro Fund, which jumped 60% last year, lost about 7% in the first quarter

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