China Prioritizes Growth Over Reform

Hedge funds with a bearish view on China’s currency are increasingly betting against yuan proxies instead, after the central bank stepped up efforts to stabilize the exchange rate. Citigroup Head Europe G10 FX Strategy Richard Cochinos discusses China’s foreign exchange with Bloomberg’s Anna Edwards on “Countdown.”

Hedge Funds Pick the Winners and Losers of the Quarter
36:45 - Hedge fund managers from Dan Loeb to Ken Griffin anointed a new crop of darlings -- and rejects -- in the second quarter. Bloomberg's Simone Foxman has more on "Bloomberg Markets." (Source: Bloomberg)
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