Asia's Most-Shorted Stocks Beat Broader Market This Year: Chart

(Bloomberg) -- Bears beware: the 100 most-shorted stocks on Asia’s benchmark index have surged an average 35 percent this year, according to data compiled by Bloomberg. China Evergrande Group has soared about 550 percent, leading gains among MSCI Asia Pacific Index members which had the highest short interest as a percentage of free-float shares at the start of 2017. The gauge has climbed 24% this year on a weighted basis, while its 1032 members have averaged a 20% gain.