No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Quant Crash in China Sends DeepSeek Founder’s Funds Down 20%

Friday, August 7, 2026


Quantitative hedge funds in China recorded losses in July following declines in artificial intelligence-linked stocks. Some funds fell into negative territory for the year, while others matched or underperformed benchmark stock indexes. DeepSeek founder's funds were affected as part of the broader market movement.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-07/quant-crash-in-china-sends-deepseek-founder-s-funds-down-20

Next story

SK Hynix to invest $38 billion building new memory chip plants as demand soars