Sell your shares now, before it's too late!
- That's the advice from Huang Weimin
- He is described as a hedge fund manager
- His Chinese stock-index futures trades returned more than 6,200% last year
- Huang opened the Yourong Fund in 2014
- Manages more than 100 million yuan ($15.2 million)
(Which makes sense ... no-one is gonna get a 6,200% return on a bagazillion dollars AUM hedge fund. There are liquidity constraints once your fund gets huge don'tchaknow))
"I'm not optimistic about this year ... My advice is to hold cash, wait and watch."