Hong Kong’s finance chief has discussed strategies to avoid a “new, non-cooperative normal” with more than 70 global political and business leaders at the World Economic Forum’s annual meeting in Davos. Paul Chan Mo-po also promoted the city’s “new advantages” during various meetings with the leaders, according to the financial secretary’s office on Thursday. He…
{KXLG – Watertown, SD} The Codington County Commissioners have approved a Facility Use Agreement and Pet Addendum with the American National Red Cross. The agreement will allow the Codington County Extension Complex to be used during emergencies. Emergency Management Director Andrew Delgado and Facility Manager Steve Molengraaf presented the agreement to the Commissioners. Delgado explained…
China’s quantitative hedge funds risk ending years of outperforming the market, after a surge in local stocks spurred by the government’s economic stimulus package last month beat their models and squeezed short positions. Quants’ long-only strategies trailed mainland Chinese stocks’ 22% jump by 2 percentage points in September, turning their year-to-date so-called excess return into…