Ningquan Asset Faces Largest Drawdown Since Inception in June, Citing Underestimated AI Bubble
According to Guru Club, Ningquan Asset's fund experienced its largest drawdown since inception in June 2026, comparable to bear market losses, prompting the firm to issue an apology to investors. The Beijing-based investment manager acknowledged in its semi-annual report released on June 23 that the
GateNews·06-24 06:43
