Hedge funds shorting Japan IT, Chinese banks

Japanese hedge fund managers have been shorting domestic healthcare and IT companies, while their China-focused counterparts have been betting against construction and banking stocks. Video game developer GungHo Online Entertainment, e-commerce website DeNA and medical device maker 3D Matrix have all seen increased interest from short sellers over the past 12 months, according to research from data provider Markit. Short-sellers are targeting non-Nikkei 225 shares, indicating th…