HSBC strategist slams Beijing's equities intervention
HSBC Private Bank's Asia head of investment strategy criticises Beijing's approach to stock market regulation, in unusually frank comments during a panel discussion.
In private, foreign investors are critical of Beijing for what they see as its overly interventionist approach to markets, whether in respect of capital controls, stock trading, private fund managers or various other issues. However, they tend to be more reluctant to air such views in public.
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