What Goes Up

A Quant in China’s Casino

The attention of global investors returned to China this week as a crackdown on for-profit education companies triggered a massive selloff in the nation’s equity market. Jason Hsu, founder and chief investment officer of Rayliant Global Advisors, discusses how investors should navigate through the nation’s regulatory risks, and how the dominance of retail traders gives China’s market a “casino feel.”  Mentioned in this podcast:<a href="https://www.bloomberg.com/news/articles/2021-07-24/china-bans-school-curriculum-tutoring-firms-from-going-public">China Bans For-Profit School Tutoring in Sweeping Overhaul</a><a href="https://rayliant.com/we-dont-need-no-for-profit-education-esg-china-style/">We Don’t Need No (For Profit) Education. ESG, China-Style</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.