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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
China's sudden clampdown on computer-driven trading is causing concern among international investors. Chinese authorities froze a quant hedge fund's account after it dumped over $360 million worth of stocks in a minute. The clampdown is part of Beijing's efforts to halt a $4 trillion selloff in stocks, impacting the quant industry and leading to skittishness among investors.
China Markets: Investors Shaken as Hedge Funds Lose Out in Quant Crash https://t.co/nR09CDEizr The CCP sees free markets as a problem to be solved when CCP economic mismanagement leads to bad results, & the fixes lead to worse results. The CCP is barbaric & overconfident.
International investors becoming increasingly skittish about China have one more reason to stay away: a sweeping clampdown on quants https://t.co/zOwJvMVxNe
Go big or Algo home China’s crackdown on quant funds shows just how far Xi will go to stop a $4 trillion market selloff https://t.co/KGdPsbCqvG
