Top Chinese Hedge Fund Managers Average 7.07% Return in First Nine Months

The dispersion is the story: a 78.5% positive hit rate across managers running multiple products suggests the gains were broad rather than concentrated in a few standout funds, which is unusual for a cohort this size. It also implies the average is being pulled by the majority rather than distorted by outliers, making the 7.07% figure a more meaningful read on the group's positioning. Whether that breadth holds if market conditions shift is the open question.