China is probing hedge funds that profit from its economic misery, report says

• China is scrutinizing hedge funds betting against its struggling economy, according to Reuters.
• Beijing has put the squeeze on brokerages that use quantitative strategies to short-sell the market, the outlet reported.
• The regulatory push comes with the flagship CSI 300 index down 5% this year.

China is probing the activities of hedge funds that use quantitative trading strategies to bet against its struggling stock market, according to Reuters.