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China Volatility Cuts Into Hedge Funds

For the handful of funds that focus exclusively on China, the recent volatility in its stock markets has taken a big toll on performance.

The sharp swings and significant volatility in the Chinese stock market this month have so far heavily cut into the performance of a handful of funds that specialize in that market, according to data published by investment bank HSBC, which tracks hedge fund performance. Even so, most of the funds continue

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