15 Feb In battered Chinese stocks, traders favour ‘lottery ticket’ trade
Posted at 02:46h
in Asia
In the wreckage of China’s stock-market meltdown, Wall Street traders are making long-shot bets that officials in Beijing can stoke a recovery.Investors are finding moments to snap up options tied to US-listed exchange-traded funds that track Chinese equities, which have been whipsawed by Covid lockdowns,...