, Columnist
Why Foreign Funds See Pandas in China’s Bear Market
The closer investors get to Beijing, the more pessimistic they become.
They have teeth.
Photographer: VCG/Via Getty Images
This article is for subscribers only.
One person’s ceiling is another’s floor.
China’s stock market is shaping up to be one of the world’s worst performers of 2018, but that hasn’t stopped foreigners from marching in. Through the link with the Hong Kong exchange alone, they’ve bought a net $29 billion of mainland shares so far this year.