DeepSeek effect? How China’s quant funds thrive amid tight regulatory scrutiny

China’s quantitative investing sector has added 18 new members to the ranks of funds managing more than 10 billion yuan (US$1.5 billion) in assets this year, underlining the industry’s ability to generate competitive returns despite a tight regulatory environment. The firms were among 159 Chinese hedge funds overseeing more than 10 billion yuan each, according to financial news agency Cailian Press. Their growth has been fuelled by technology-driven momentum in the world’s second-largest stock...