Rising volatility: An elderly investor reads a newspaper as he spends the day watching stocks trade in Shanghai. China’s stock market has been under pressure this week after a sudden policy change on education companies, spreading to other assets. ― AFP
SHANGHAI: While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.
Risk aversion swept the country and spread globally this week after China cracked down on private-education firms, part of the government’s new curbs on the technology industry. Bonds were no exception.
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