{
Perseverance Asset Management

Companies

}

China hedge fund advises clients to withdraw cash amid Trump risks

One of China's largest hedge funds, Perseverance Asset Management, has advised clients to consider redeeming investments due to increased risks to the economy and markets following Donald Trump's potential return to the White House. The firm, managing over 100 billion yuan ($14 billion), highlighted positive returns thus far but cautioned about uncertainties stemming from the US election results.
bloomberg.com
United States Dollar Chinese Yuan Perseverance Asset Management CHN USA Donald Trump Deng Xiaofeng
Finance & Economy, Market Report
09:30 08.11.2024
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