First Word Asia: China's Market a Battleground for Bearish InvestorsBloomberg News
Mar. 9, 2016
The Chinese stock market is serving as a battleground for bearish investors and state-run funds determined to spark a rally. During each of the past six days, the Shanghai Composite has recorded intra-day losses before rallying to end the trading session higher. Some local branches of the securities regulator asked listed companies, mutual funds and brokerages to stabilize the market during annual parliamentary meetings this month, according to two people with direct knowledge of the matter.
On Wednesday, Bloomberg's Doug Krizner and Bryan Curtis spoke with Frederick Neumann, co-head of Asia economics, HSBC, and Mark Luschini, Chief Investment Strategist at Janney Montgomery Scott, about investment opportunities.
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