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Hedge funds

Hedge funds
News and analysis about these pooled investment funds that are usually mandated to make extensive use of complex trading, portfolio, risk management techniques, including short-selling, algorithmic transactions, leverage and derivatives. Hedge funds usually have a higher barrier to entry, and promise higher returns for higher risk. They are also usually subject to different risk-management regulations.
No 15 Shouson Hill is surrounded by a verdant green landscape. Photo: Emperor Group
Hong Kong property

Hong Kong hedge fund founder pays US$74.3 million for luxury Shouson Hill home

Matrix Properties, in which CoreView Capital’s Vincent Gao Leyi is a director, snaps up House 6 at the upscale No 15 Shouson Hill.

Banking & finance

Adams Street joins wave of investment firms opening in Hong Kong

US-listed Chinese stocks

US funds tread carefully on China as Oaktree and Appaloosa adjust bets

Banking & finance

Canada’s RBC BlueBay partners with Endowus to expand Asia presence

Partnership aims to provide specialist fixed-income strategies to investors in Hong Kong and Singapore via Endowus’ platform.

Investor diversification into private market opportunities has increased globally. Photo: Reuters
Banking & finance

Former Point72 Japan head plans Hong Kong-based hedge fund firm

Tomohiro Yamaguchi’s Invictus aims to start trading in the first quarter of 2026, focusing on the 300 largest, most liquid Japanese stocks.

Banking & finance

Hedge funds boost options bets for yuan to strengthen past 7

Hedge funds ramp up options wagers, signalling that the yuan’s rally against the US dollar still has room to run.

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China stock market

Trading places: Chinese quant funds lure AI talent from the US

Trump upheaval plays into the hands of talent-hungry firms in the growing sector, as many eye markets beyond the mainland.

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Illustration: Henry Wong
Wealth management

Asian family offices expand US footprint: Andon Hong Kong opens New York office

The firm manages money on behalf of Shenzhen-listed Andon Health, a Chinese maker of medical devices.

Cryptocurrency

Hong Kong family office VMS Group makes first foray into cryptocurrency

With about US$4 billion in assets under management, VMS plans to allocate up to US$10 million to strategies run by hedge fund Re7 Capital.

Fintech

Fintech start-up Syfe bolsters Hong Kong expansion after new funding round

Singapore-based Syfe’s expansion plans reflect the city’s position as the largest hedge fund and cross-border wealth management hub in Asia.

Syfe founder and CEO Dhruv Arora. Photo: Handout
DeepSeek

From gifted student to AI hero, DeepSeek founder inspires a nation

Hailing from an obscure village in southern China, Liang Wenfeng has risen from humble roots to become a household name.

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Illustration: Henry Wong
Wealth management

Hong Kong finance chief sees US$20 billion of IPOs this year on tech optimism

Companies could raise between US$17 billion and US$20 billion this year, Paul Chan tells tech forum.

DeepSeek

DeepSeek founder gets hero’s welcome in Lunar New Year hometown visit

Liang Wenfeng’s hometown in Zhanjiang, Guangdong province, is now a tourist attraction based on its DeepSeek connection, local reports say.

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Artificial intelligence

Explainer | How start-up DeepSeek emerged as the unlikely game changer in US-China AI war

From visionary founder Liang Wenfeng to a young team of dedicated scientists, DeepSeek is taking the road less traveled in AI.

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DeepSeek’s team of young scientists is made up almost exclusively of Chinese nationals from some of the top schools in the country. Photo: Shutterstock
DeepSeek

DeepSeek’s AI breakthrough could alter China’s ‘national fate’ in US tech war

‘We should have confidence that China will eventually win the AI war with the US,’ Qihoo 360’s Zhou Hongyi said in a Weibo post.

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Artificial intelligence start-up DeepSeek was spun off from Chinese hedge-fund manager High-Flyer Quant. Photo: Reuters
Artificial intelligence

Beijing puts spotlight on China’s new face of AI, DeepSeek’s Liang Wenfeng

Liang’s participation at Monday’s meeting with China’s premier reflects start-up DeepSeek’s growing prominence in the AI industry.

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Banking & finance

Hong Kong gets a boost as 3 global hedge funds open offices, recruit staff

Hudson Bay Capital, Sona Asset Management and Centiva Capital are setting up shop in the city, according to sources.

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Millionaires and billionaires

Meet Marc Lasry, the Milwaukee Bucks co-owner being sued by a former employee

Lasry moved to the US as a child and once shared a room with his 2 sisters – now he’s the epitome of the American dream; but he’s counter-suing a former employee for extortion after she claimed harassment.

Billionaire hedge fund titan and Milwaukee Bucks co-owner Marc Lasry. Photo: Getty Images
Artificial intelligence

Meet DeepSeek: the Chinese start-up that is changing how AI models are trained

Hangzhou-based DeepSeek is 2025’s ‘biggest dark horse’ in open-source large language models, Nvidia research scientist Jim Fan says.

Artificial intelligence

Chinese start-up DeepSeek’s new AI model outperforms Meta, OpenAI products

DeepSeek’s V3 model was trained for two months at a cost of US$5.58 million, using significantly fewer computing resources than its rivals.

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United States

Opinion | An America awash in global capital risks spreading financial instability

Free capital flows accelerate economic growth but can also be destabilising, spreading jitters via financial markets.

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Traders work on the floor of the New York Stock Exchange on November 7, a day after the S&P 500 and Nasdaq Composite closed at all-time highs. Photo: Getty Images via AFP
Hong Kong property

Exclusive | World’s largest hedge fund CIO buys HK$95 million home in Hong Kong

Bridgewater Associates’ co-CIO Bob Prince paid HK$95 million for a three-bedroom home at St. George’s Mansion in Ho Man Tin.

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St. George’s Mansion (high-rise on the left) is nestled in the Ho Man Tin area. Photo: Sino Land
Banking & finance

Exclusive | China is ‘very much’ investible, offers unique diversification: Bridgewater

More stimulus is needed as spending is still too low to achieve its growth target, co-CIO Prince says.

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Banking & finance

Asia hedge funds outperform global peers on September rally

September gains near 5 per cent pushed Asia fund returns to 9.7 per cent for the first nine months, above the global average.

Banking & finance

Steady fund flows have bolstered Hong Kong’s financial hub status: SFC

Hong Kong-domiciled funds saw net fund inflows of HK$33 billion (US$4.2 billion) in the first quarter, following a 93 per cent jump last year, the SFC data showed.

Assets under management in Hong Kong grew 2.1 per cent year on year in 2023 to HK$31.19 trillion (US$3.99 trillion). Photo: Sam Tsang
Banking & finance

Chinese companies fuel convertible bond surge, likely ‘precursor’ to IPO rush

Alibaba, JD.com, Trip.com and Lenovo Group have led a combined US$10.5 billion in convertible bond offerings in the past two weeks.

The logo of Chinese technology firm Alibaba is seen at its office in Beijing in 2021. The company issued the world’s largest convertible bond offering since 2008 last week. Photo: AP
China stock market

Investing in China ‘desirable’ despite risks, says hedge fund giant Ray Dalio

The billionaire founder of the world’s largest hedge fund Bridgewater Associates said investing in China is a good idea despite the risks, because Chinese assets are cheap and can help balance portfolios.

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China stock market

‘Father of emerging markets’ Mark Mobius turns bullish on China stocks

The legendary investor has changed his view on China stocks as he believes the country’s recent property support measures will restore confidence. A recent trip to the south of the country also helped change his mind.

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