State-linked funds stepped in to rescue Chinese stocks this week as the battle with the US intensified. But it’s an expensive exercise.
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Tokyo | Investors in China’s mainland rollercoaster sharemarket are used to more volatility than most.
Composed of largely state-owned companies, technology giants and thousands of cheap, speculative stocks, it runs at the mercy of sudden regulatory changes, direct government intervention and the whims of millions of day traders.
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Original URL: https://www.afr.com/world/asia/china-s-2trn-market-rescue-is-just-the-start-as-trade-war-intensifies-20250408-p5lq7l
