10:00
2026-07-20
businesstimes.com.sg
artificial-intelligence
DeepSeek founderβs fund slumps 16% as AI rout hits China quants
A quant fund at DeepSeek founder Liang Wenfeng's Zhejiang High-Flyer Asset Management slumped 15.7% in the week ended Jul 17, while a similar fund at HanTak Investment Management lost an estimated 16.β¦