New York
ACTIVIST investing isn't a thing in China. It's culturally frowned upon to be that confrontational. Liang Jian, a journalist-turned-hedge-fund manager, is on a mission to change that.
Not that Mr Liang, or Nick as he's known in international circles, would ever be confused with the likes of the brash American activist investors - the Bill Ackmans and Carl Icahns and Dan Loebs. He's a newbie with a war chest that's a fraction of theirs and zero experience in the kind of epic battles for boardroom control that have made those men so famous.
But what Mr Liang, 40, has begun doing - trying to block Chinese companies from buying back all of their US-listed shares on the cheap - constitutes perhaps...
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