Chinese Housing Shorts Vex Teton Capital Partners

Quincy Lee is a man of patience that is currently being tested in the Chinese market. The investment manager driving returns for nearly $1.1 billion under management at Teton Capital Partners has been vocal regarding Chinese markets in the past. Now, he watches as Chinese stocks he sold short race higher by 35% since January. This is despite the rather stunning deterioration in the individual corporate’s fundamental revenue structure.   Teton Capital Partners  – A stock with a negative tangible value and sky-high debt to earnings ratio is nonetheless flying high in China The hot real estate sector in China…