A Chinese hedge fund bought Chinese stocks at a low in April, achieving a total return of 1485% over ten years

A Chinese hedge fund bought Chinese stocks at a low in April this year when the United States announced reciprocal tariffs. The fund's year-to-date return has surged to 20%, while its total return since its establishment ten years ago has reached 1485%. Wang Yiping, founder and CEO of Evolutionary Asset, stated on social media in early April that they aimed to bottom-fish Chinese assets. "Our confidence in buying at a low at that time stemmed from our consistently emphasized analytical framework - combining data with logic," Wang Yiping said in a statement to Bloomberg News: "From both a probability and odds perspective, increasing holdings in Chinese assets was a rational choice at that time."