08/13/2023 Bloomberg: Foreign investors are losing interest in China as the number of hedge funds actively focused on Chinese assets slips for the first time since at least 2012. As of this year, for the first half, only five new funds were launched and 18 have been liquidated. Bloomberg’s financial reporter Lulu Chen said that the escalating tensions between the US and China, but also the CCP’s crackdowns on various industries in the past few years, lead to a lot of offshore Chinese hedge funds struggling to raise new funds and also bad returns.
