(Bloomberg) Hugh Hendry, the hedge fund manager known for his bearish bank bets during the financial crisis, said he disagrees with peers including Kyle Bass who say China will suffer a crisis and major devaluation.Eclectica Asset Management is betting China’s offshore interest rates will rise as policy makers seek to spur demand for the yuan and discourage investors from shorting the currency, Hendry said Wednesday at the Absolute Return Symposium in New York.
Hedge Fund Manager Hendry Says China Doomsayers Have It Wrong
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