Pedestrians cross a traffic intersection in Beijing in August 2021. The Communist Party vowed to promote the welfare of all people and redistribute income under its “common prosperity” drive. Photo: Bloomberg
Pedestrians cross a traffic intersection in Beijing in August 2021. The Communist Party vowed to promote the welfare of all people and redistribute income under its “common prosperity” drive. Photo: Bloomberg
Stocks

Goldman’s 18 wins, 32 losses in ‘common prosperity’ bets show pain for investors struggling to navigate China’s regulatory minefields

  • Goldman’s top picks in ‘common prosperity’ theme yielded 18 winners and 32 losers two months after unveiling its model portfolio
  • Hits and misses underscore difficulties in navigating China’s US$13.7 trillion stock market laden with policy, regulatory risks

Topic |   Stocks
Pedestrians cross a traffic intersection in Beijing in August 2021. The Communist Party vowed to promote the welfare of all people and redistribute income under its “common prosperity” drive. Photo: Bloomberg
Pedestrians cross a traffic intersection in Beijing in August 2021. The Communist Party vowed to promote the welfare of all people and redistribute income under its “common prosperity” drive. Photo: Bloomberg
READ FULL ARTICLE