Leading quantitative investment firms in China have refuted rumors that their trading strategies incorporate South Korean tech stock data. Founders and general managers of firms managing billions of yuan stated that using such external data is rare within the industry and would likely lead to negative excess returns. They attributed recent market downturns to natural market cycles and the prior over-concentration in tech stocks, rather than external influences or conspiracy theories. AI
RANK_REASON Multiple industry figures provide commentary on a market rumor.
AI-generated summary · Google Gemini · from 1 sources. How we write summaries →