The agency’s reliance on company employees to review regulatory compliance has been criticized as allowing the aviation industry to police itself. Six-month price performance Hedge funds were caught off guard by Beijing’s corporate crackdown. Alibaba, a top holding of many hedge funds, has slumped nearly 30 percent since the end of June. For instance, hedge funds collectively own more shares in Amazon than they did a year ago, according to Bank of America. Peloton also recently became one of the stocks most widely held by hedge funds.

Source: International New York Times August 24, 2021 11:04 UTC