Bearish Bets on China Increase as Hedge Funds Sell Off Equities
August 18, 2023 at 11:42 AM EDT
A Goldman Sachs report noted “aggressive” selling in Chinese equities by hedge funds, citing concerns over the second-largest economy’s growth trajectory. It appears China still has yet to shake off the effects of a real estate development crisis that came to the forefront when the Evergrande Crisis hit, resulting in an $81 billion loss. Since [...] The post Bearish Bets on China Increase as Hedge Funds Sell Off Equities appeared first on ETF Trends .
