Hedge Funds Dump China, Emerging Markets
This is a China news story, published by Yahoo Finance, that relates primarily to Goldman Sachs news.
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global stockReuters
•Hedge funds have cut most Chinese stock purchase since late September, says Goldman
81% Informative
Hedge funds dumped China and broader emerging markets shares while buying U.S. equities in October .
China , where stock markets surged 20% last month boosted by a raft of stimulus policies, has now seen heavy outflows this month .
Goldman Sachs estimates hedge funds have clawed back nearly 80% of peak cumulative buying in Chinese equities as of Oct.23 .
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