China’s almost-trillion dollar hedge fund industry risks worsening the turmoil in its stock market as deepening portfolio losses trigger forced selling by some managers.
About 2,350 stock-related hedge funds last month dropped below a threshold that typically activates clauses requiring them to slash exposures, with many headed toward a level that mandates liquidation, according to an industry data provider.
ref 人民銀行降息惹🔥。
四月份經濟數據雪崩，中國人民銀行不得不降息放水，然後美國聯準會升息，利差越來越大，資金正好再外逃，賣國債賣股票，外匯存底再掉，A股基金經理人到停損點位砍倉。。。
習大大真的能幹👍
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中國人民銀行授權全國銀行間同業拆借中心公布，2022年5月20日貸款市場報價利率（LPR）為：1年期貸款市場報價利率（LPR）為3.7%，與上月持平，預期為3.65%；5年期LPR為4.45%，較上月的4.6%大幅下調15個基點。