Teng Yue, Hedge Fund Run by Ex-Hwang Analyst, Denies Liquidation

A hedge fund run by a former analyst for Bill Hwang, the investor at the center of massive forced stock sales, told clients that banks haven’t liquidated his assets.

Teng Yue Partners founder Tao Li also said in a brief note over the weekend that he sees a lot of buying opportunities, according to a fund investor.

Banks including Goldman Sachs Group Inc. and Morgan Stanley liquidated holdings in Hwang’s family office Archegos Capital Management on Friday after he failed to meet margin calls.

Li’s fund had been the subject of speculation that it, too, had been liquidated because ...