Short Positions Show Waning Confidence in China Stocks Recovery
US short sellers are betting that the rally in Chinese stocks has run its course and capital will rotate back to emerging markets outside China.
US short sellers are betting that the rally in Chinese stocks has run its course and capital will rotate back to emerging markets outside China.
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Money managers are piling into exchange-traded funds tracking Chinese stocks after recent government-backed measures boosted market sentiment.
Firms of all stripes are preparing for the imminent shift to faster US stock settlement — and the issues it may bring.
Michael Sonnenshein is stepping down as chief executive officer of Grayscale Investments after a decade-long stint at the cryptocurrency asset manager, and will be replaced later this year by Peter Mintzberg.
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