Daily Market Updates: Chinese hedge funds trim exposure to some AI winners

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Chinese hedge funds trim exposure to some AI winners

Reported · Written up by our desk · Hedge Funds

Hedgeweek reports that Chinese hedge funds that benefited from this year’s artificial intelligence rally are starting to reduce positions in some of the sector’s biggest winners.

According to the report, managers at firms including Everlead Capital and Hunjin Capital have begun trimming exposure after generating outsized returns from the AI trade, as cited from a Bloomberg report.

The move suggests a shift from broad AI exposure toward more selective positioning among the leading beneficiaries of the rally.

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Sources

HedgeweekChina hedge funds begin trimming AI winners

ETFs & Funds

Chinese hedge funds trim exposure to some AI winners

More like this

Sources

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