Teng Yue, Fund Run by Ex-Hwang Analyst, Denies Liquidation
- Founder Tao Li sent a letter to his clients over the weekend
- His fund, down about 15% this month, is still up for the year
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A hedge fund run by a former analyst for Bill Hwang, the investor at the center of massive forced stock sales, told clients that banks haven’t liquidated his assets.
Teng Yue Partners founder Tao Li also said in a brief note over the weekend that he has ample liquidity and sees a lot of buying opportunities, according to a fund investor.