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Hong Kong stocks back in favour with JP Morgan’s hedge fund clients

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Hong Kong stocks are back in favour with JP Morgan Chase & Co’s hedge fund clients, according to a report by Bloomberg, with the Wall Street Bank having revealed in a note this week that hedge funds are buying again after a sell-off lasting over a year.

The report also says that JP Morgan has reported a stabilisation of flows in mainland China too, with stock purchases to cover short positions being offset by fall in ‘bullish wagers in the east few weeks’.

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