Chinese quant fund Lingjun raises $300 million from overseas investors
Reuters: Chinese quant fund Lingjun has drawn at least $300 million from US and Southeast Asian investors after a 2024 trading ban and regulatory overhaul.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Reuters reports that Beijing-based quant manager Lingjun Investment has attracted at least $300 million from investors in the United States and Southeast Asia, according to founder Cai Meijie. Its Hong Kong unit, Lingjun Capital, is also close to finalising a $150 million commitment from a Southeast Asian sovereign fund and is pitching strategies to Middle Eastern investors.
Lingjun's assets fell to about 50 billion yuan ($7.49 billion) after exchanges in Shanghai and Shenzhen suspended its trading for three days in early 2024. At its peak the firm managed 100 billion yuan. Its flagship equity fund returned more than 70% last year and gained over 10% in the first nine months of this year, while the CSI 300 rose 18% in 2025 but was down 6% through September.
why it matters
The return of foreign capital to Chinese quant funds suggests growing appetite for AI-driven strategies after a period of tight regulation. For markets, it points to partial repair of confidence in large algorithmic managers in China.
market impact
China equities: returning foreign money into quant funds signals renewed interest in the sector
tags
instruments
sources
- Chinese quant fund Lingjun draws $300 million from overseas investors — Reuters, 22 October 2026 at 05:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗