Investors eye shorting China funds

Investors who won big during China’s stock market rise are looking to cash in on its possible decline, the Wall Street Journal said.
JUN 20, 2007
Investors who won big during China’s stock market rise are looking to cash in on its possible decline, the Wall Street Journal said. Short selling of actual stock isn’t allowed in China, so fund investors have decided to bet against the market by selling fund shares short. The prices of several closed-end funds that invest in China are now trading far below the value of the fund’s holdings, possibly hinting at a negative outlook for asset values, the Journal reported. Morgan Stanley’s $604 million China A-Share fund is already seeing short-selling pressure: Unsettled short positions gained 42.6% to 482,551 shares by the middle of last month, making up 3.7% of the total shares outstanding, the Journal said.

Latest News

Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans
Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans

Wells Fargo adds two bank-channel recruits, UBS lands a JPMorgan Chase veteran, and a multi-family office lifts Atlas past $1B

Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state
Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state

“The state comes down on you in years when you make 40% returns for clients,” said Bill Swayne, the advisor and son of Candace Swayne.

Osaic in talks with Anthropic as AI reshapes advisor workforce
Osaic in talks with Anthropic as AI reshapes advisor workforce

The Independent broker-dealer giant has had “active conversations” with the Claude maker, which is days away from its expected IPO

The retirement milestone advisors aren't tracking
The retirement milestone advisors aren't tracking

For Gen X clients entering life after work, answering the financial question isn't enough to solve the entire retirement equation.

Wealthtech firms target stock pay, pensions and heirs for advisors
Wealthtech firms target stock pay, pensions and heirs for advisors

Tools from Grantd, Income Lab and Healthspan Wealth aim to keep RIAs involved in clients’ biggest money decisions

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.