July 8th, 2015, 4:24 pm
More tidbits, but not exactly conjecture, just information:China's Shanghai Chaos denies rumors of losses - FT July 8"Chinese hedge fund Shanghai Chaos denied rumours that one of its funds has been liquidated as a result of the rout in the stock market, saying it is operating normally. The Shanghai-based fund, which came to prominence in January for placing a large short position in copper, said its newly launched Number 2 fund had lost some of its net value but was operating normally. It is worth 2.8bn yuan, it said."You may recall I posted about their copper shorts in the Precious Metals thread a few days ago.
Last edited by
trackstar on July 7th, 2015, 10:00 pm, edited 1 time in total.