From Bloomberg:

A top Chinese macro hedge fund is cautioning investors against investing heavily in small-cap stocks due to a projected “mid-to long-term reversal.” Li Bei, founder of Shanghai Banxia Investment Management Center, deems these stocks as small, expensive, and low quality. Instead, she suggests opting for products linked to the CSI 300 Index for better returns.



Read more at Bloomberg: China Hedge Fund Banxia Warns Against Piling Into Small Caps