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Hedge funds hit by China rout

After riding a market boom, Greater China-focused funds crashed to earth with the stock rout in July, their worst month since September 2011. By Bei Hu

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NO RESPITE: Signs of an economic slowdown in China contributed to a selloff that wiped as much as US$4 trillion off the country's stock-market value since mid-June and caused a 14 per cent plunge in the benchmark Shanghai Composite Index last month.

Hong Kong

WHAT China giveth, China taketh away.

After riding a market boom to return almost six times the global industry average in the first five months of this year, Greater China-focused hedge funds crashed to earth with the stock rout in July, their worst month since September

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