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SHANGHAI: China’s abrupt and ferocious stock market rally has slammed some of the country’s biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets in the heavily regulated derivatives market. Beijing X Asset Management,…
TOKYO: Japan’s Seven & i Holdings will set up a holding company for its non-core assets to bring in outside investment and is planning to change its name, the retailer said on Thursday (Oct 10.) The announcements mark an acceleration…