Hedge Funds Won’t Stick Around In China Unless Xi Delivers

On Thursday, a reader suggested, not implausibly, that a recent high-profile bull call on Chinese equities likely delivered outsized gains to the "name brand" hedge fund manager from whom that call emanated. Over the course of just 13 trading sessions, Hong Kong-listed Chinese shares soared a stupendous 34% as market participants bet big on Beijing's stimulus push. Or perhaps I should say they bet big on the likelihood that the mere announcement of a broad-based stimulus push would drive huge g