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Texas hedge fund manager Mark Hart lost investors, employees and millions of dollars waiting for China’s currency to drop over the last seven years

3 months ago
Sky Canaves
ark Hart has been betting on a huge one-time devaluation of the yuan of at least 30 percent that will be felt around the world.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.