Some Asian hedge funds have achieved a return exceeding 100% due to early positioning in AI market trends.

According to sources familiar with the performance situation, in the first five months of this year, the return rate of some Asian hedge funds exceeded 100%, benefiting from record highs in multiple stock markets and bets on leading enterprises in artificial intelligence hardware and large language models. Market participants indicated that as Asia covers almost the entire semiconductor industry chain, regional funds discovered the supply-side constraints early, allowing them to position themselves early and seize opportunities in various AI sub-sectors. This performance highlights that despite market volatility caused by the Iran war, the market driven by AI has not been hindered this year, as the growing demand and tight supply have pushed up stock prices and propelled stock markets such as Japan and Korea to record highs. Informed sources mentioned that the China-focused fund adopting both long and short strategies under Hong Kong WT Asset Management Limited achieved a net return rate of 103% as of the end of May this year, with a monthly increase of over 20% in May alone. The long-only fund increased by 67.5%. The sources stated that investments in AI hardware and Chinese tech stocks drove this performance. Another source mentioned that the assets managed by veteran investor Wang Tongshu at WT quickly grew to about $10 billion. Another source stated that Hong Kong hedge fund E20 Capital, established in 2025, achieved a net return of 136% in the first five months, with its holdings in storage, optics, and CPUs driving the returns of its $2 billion flagship fund, the "Global Opportunity Investment Fund". Meanwhile, according to another source, long-term technology investor Huaqi Investment achieved a return rate of 88.9% in the first five months of this year.