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Investor Who Lost Millions Finally Gives Up on His China Bet

  • Hedge fund manager Hart turns bullish on China and the yuan
  • The currency’s 2017 rally has defied bearish forecasters
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Photographer: Qilai Shen/Bloomberg
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Mark Hart spent seven years and $240 million waiting on a crash in China’s currency.

He lost sleep. He lost clients. He damn near lost his sanity.