Traders Sleep in Offices to Work Amid Shanghai Lockdowns
- China fund managers say WFH is difficult during market turmoil
- ABC-CA fund manager says he hasn’t left office since Thursday
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As China’s major financial centers confront their worst Covid outbreaks to date, many fund managers are rolling out sleeping bags on trading floors across Shanghai and Shenzhen.
Traders are volunteering to take turns camping out in their offices to avoid restrictions sweeping through the cities at a time when Chinese capital markets are experiencing the biggest bout of volatility since mid-2020.