And now they have to buy them -To The Moon - Tiger Brokers Online Investing Community - To The Moon

1
Comment
Favorite

Crouchy Tiger
10-10

And now they have to buy them back.

Hedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says

Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holida

Hedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

1

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":358526900928712,"tweetId":"358526900928712","gmtCreate":1728539308134,"gmtModify":1728539311946,"author":{"id":4163304661106302,"idStr":"4163304661106302","authorId":4163304661106302,"authorIdStr":"4163304661106302","name":"Crouchy Tiger","avatar":"https://community-static.tradeup.com/news/148ba960fb3c67ce963e5e7c5d72d83d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.04.18","exceedPercentage":"93.81%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>And now they have to buy them back.</p></body></html>","htmlText":"<html><head></head><body><p>And now they have to buy them back.</p></body></html>","text":"And now they have to buy them back.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/358526900928712","repostId":1105118331,"repostType":4,"repost":{"id":"1105118331","pubTimestamp":1728538786,"share":"https://www.laohu8.com/m/news/1105118331?lang=&edition=full","pubTime":"2024-10-10 13:39","market":"us","language":"en","title":"Hedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1105118331","media":"Bloomberg","summary":"Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holida","content":"<html><head></head><body><ul style=\"\"><li><p>Managers sold longs and added to shorts, according to note</p></li><li><p>Traders returned from weeklong holiday to volatile market</p></li></ul><p>Hedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holiday that lacked more major stimulus, according to a Goldman Sachs Group Inc. trader note.</p><p style=\"text-align: start;\">“Hedge funds not only unwound their long positions but added shorts to their books as well, with long sells being double the amount of short sells,” according to the note dated Thursday.</p><p style=\"text-align: start;\">The biggest-ever daily withdrawal by hedge funds added to volatility in the market on Tuesday, as traders returned from the Golden Week holiday. The National Development and Reform Commission’s failure to deliver on market expectations for more major stimulus led to wild swings and record turnover on the mainland as well as in Hong Kong.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3d8c68df87eb04ab0fbe9f2288a9ae6d\" tg-width=\"1200\" tg-height=\"675\"/></p><p>The CSI 300 Index started up 11% on Tuesday, then nearly erased those gains and ended up closing 5.9% higher. In Hong Kong, small losses snowballed into a 9.4% drop. Three-quarters of hedge funds’ selling was in A-shares, with the remainder Hong Kong-listed stocks, the Goldman note said.</p><p>Hot money’s selling stands in contrast to growing optimism about Chinese equities, with Beijing’s recent stimulus blitz causing a flurry of upgrades from global strategists including those at BlackRock Inc. and Goldman Sachs. The CSI 300 remains more than 25% above a low reached in September even as volatility has increased.</p><p style=\"text-align: start;\">Traders now await the outcome of the government’s planned briefing on fiscal policy due Saturday.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","000001.SH":"上证指数","000300.SH":"沪深300"},"source_url":"https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105118331","content_text":"Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holiday that lacked more major stimulus, according to a Goldman Sachs Group Inc. trader note.“Hedge funds not only unwound their long positions but added shorts to their books as well, with long sells being double the amount of short sells,” according to the note dated Thursday.The biggest-ever daily withdrawal by hedge funds added to volatility in the market on Tuesday, as traders returned from the Golden Week holiday. The National Development and Reform Commission’s failure to deliver on market expectations for more major stimulus led to wild swings and record turnover on the mainland as well as in Hong Kong.The CSI 300 Index started up 11% on Tuesday, then nearly erased those gains and ended up closing 5.9% higher. In Hong Kong, small losses snowballed into a 9.4% drop. Three-quarters of hedge funds’ selling was in A-shares, with the remainder Hong Kong-listed stocks, the Goldman note said.Hot money’s selling stands in contrast to growing optimism about Chinese equities, with Beijing’s recent stimulus blitz causing a flurry of upgrades from global strategists including those at BlackRock Inc. and Goldman Sachs. The CSI 300 remains more than 25% above a low reached in September even as volatility has increased.Traders now await the outcome of the government’s planned briefing on fiscal policy due Saturday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":28,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}