Springs Capital Hedge Fund Dropped 9.8% by Jan. 8 on China Rout

  • Springs China Opportunities focused on yuan-denominated shares
  • Fund returned 29% last year and more than 17% since inception

A Springs Capital hedge fund pooling international capital for investment in Chinese companies dropped 9.8 percent in the first five trading days this year as the world’s second-largest stock market got off to its worst start in more than two decades.

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