Everest, Hillhouse and Others Are Betting on a China Equity Rebound

While some hedge fund managers are still bearish on China, equity-focused managers say there are still bargains to be had, despite the macro picture.

Marko Dimitrijevic, founder and CIO of Miami-based emerging markets hedge fund firm Everest Capital, sold off most of his fund’s short positions in Chinese equities earlier this fall, not to get out of China but to increase the fund’s holdings through long positions.

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