Chinese quantitative funds experienced significant drawdowns last week, with the fund managed by DeepSeek's founder suffering a decline of 16%

Chinese quantitative funds experienced significant drawdowns last week, with the fund managed by DeepSeek's founder suffering a decline of 16%

2026-07-20 09:39View Original

Reports indicate that Chinese quantitative hedge funds experienced significant drawdowns last week, with domestic market declines deepened further following global semiconductor stock sell-offs. Affected by market volatility, multiple quantitative products targeting index enhancement struggled, among them a quant fund managed by the founder of DeepSeek, which aims to outperform the CSI 1000 Index, recording a drawdown of approximately 16%. This event illustrates how the global downturn in semiconductor stocks, once transmitted to China’s local markets, not only dampened trading sentiment for related equities but also amplified net asset value volatility in quantitative strategies during rapid market selloffs.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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