Bloomberg Hedge funds betting on Chinese equities surged last year, standouts in an industry that struggled to outsmart the longest-running bull market in history. A number of funds focused on mainland stocks posted double-digit returns in 2019, according to people familiar with the matter and investor letters seen by Bloomberg. Star performers included Greenwoods Asset Management’s $2.2 billion Golden China ...

Bloomberg India’s beleaguered developers see a glimmer of hope after the nation’s biggest bank announced a programme that could unclog choked funding lines to the property market. State Bank of India (SBI) said it will finance both builders and homebuyers, charging developers a premium and offering the latter a refund if their apartments are left unfinished. While Sunteck Realty Ltd ...

Bloomberg Amazon.com Inc founder Jeff Bezos is likely to be greeted by an unprecedented show of opposition during his short India visit this week, after thousands of small-time local retailers pledged to protest its pricing and exclusive-selling practices. The Amazon chief executive is slated to headline the inaugural session of Amazon India’s event for small and medium businesses — “smbhav” ...