Top hedge funds favour India, little love for China

• Just two fund managers had picked a China stock, and one was to short it

• World's top hedge fund managers took bullish calls on Japanese oil refiners and Indian banks

Hong Kong: Anyone looking for evidence that the China-US trade war has chilled investors on Asia’s largest economy need go no further than the picks from some of the world’s top hedge fund managers at this year’s Hong Kong Sohn Conference.

Just two picked a China stock, and one was to short it. Blue Orca Capital’s Soren Aandahl questioned Anta Sports Products Ltd.’s accounting and corporate governance, saying its Hong Kong-listed stock may fall as much as 34%. His blistering attack sent Anta down as much as 13% within minutes. It rebounded on Friday, up as much as 6%.

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