Bloomberg: Hedge Fund Products Run by DeepSeek Founder Drop Over 20% Last Month
firstadopter · x · 2026-08-07
According to Bloomberg, the hedge fund products managed by DeepSeek founder Liang Wenfeng suffered significant drawdowns last month.
Data shows that nine tracked fund products fell more than 20% last month. All but one of these funds were sitting on year-to-date losses, with the sole remaining positive fund up just 0.04% for the year.
Related event: DeepSeek Founder's Hedge Fund Plummets Over 20%(2 posts)→
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