HONG KONG : Asia-focused hedge funds are growing more bullish on Chinese markets and looking at sectors such as education, hydropower and electric cars, even as other global money managers prefer to wait for firmer signs of an economic recovery.Seven out of 15 hedge funds at the annual Sohn Hong Kong Inve
HONG KONG : Asia-focused hedge funds are growing more bullish on Chinese markets and looking at sectors such as education, hydropower and electric cars, even as other global money managers prefer to wait for firmer signs of an economic recovery.
"Vocational education is like a backbone in terms of the workforce of China," Fischer said."It serves society". However, China's reopening was a key theme at the first in-person Sohn conference since 2019, which invites funds in Asia to pitch their top investment ideas. Lawrence hailed the company’s profit margins, long-term growth prospects, and capital management as reasons for betting on a company with a $80 billion market cap."There is nothing that comes close to it, in fact, globally," he said.
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