Quant Hedge Funds Face China Clampdown After Rare Account Freeze
(Bloomberg) -- China’s two main stock exchanges vowed to tighten supervision of quantitative trading after freezing the accounts of a major fund for three days in an unusually harsh punishment.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Largest Covid Vaccine Study Yet Finds Links to Health ConditionsStocks Fall Before Nvidia’s Must-Watch Earnings: Markets WrapUS Tells Allies Russia May Launch Anti-Satellite Nu