HSI to fall to 16,000 when Europe has its next fudge?
Hedge fund manager China Eagle is poised to move if and when Europe’s next period of
indecision strikes.
Yuming Ying, manager of the China Eagle Fund, a Hong Kong-based hedge fund, confirms he will start increasing his net exposure to the Hang Seng Index if the markets take another dive.
The China Eagle Fund, which invests predominantly in China concept firms listed in Hong Kong, currently has over 50% net exposure. If the Hang Seng Index falls to 18,000 or even 16,000, he will increase net exposure further based on an in‐house model.
Moreover, if the Hong Kong index did fall to 16…
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