Top Hedge Fund Says China Should Have Waited on Crash Rule

(Bloomberg) APS Asset Management Pte, whose long-short China hedge fund returned 42 percent last year to beat most peers, said the nation’s authorities should have waited before suspending the circuit-breaker rules because retail investors will eventually learn to deal with them.

Chinese authorities don’t need to tinker with the circuit-breaker system, APS founder and Chief Investment Officer Wong Kok Hoi said in an e-mailed response to questions.

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