World’s Top Hedge Fund Soars 275% With Bets on China Schools
Singapore’s QQQ Capital’s wagers on Tal Education, GSX pay off
Recent slump by school stocks shows risk of concentrated bets
Long before he ran the world’s best-performing hedge fund, Qian Yongqiang chaired China’s biggest online dating service.
The Yale graduate would spend hours tracking down attractive users with suspicious profiles, sifting through accounts and deleting thousands of scammers to improve the site’s authenticity and ensure its success.