Tech Frenzy Sparks Shake-Up at China’s Troubled Consumer Funds
China’s battered consumer-focused funds are showing signs of pivoting to tech as a prolonged demand slump forces even the sector’s most committed backers to rethink their strategy.
By Charlie Zhu, April Ma, Mengchen Lu · Bloomberg Markets
China’s battered consumer-focused funds are showing signs of pivoting to tech as a prolonged demand slump forces even the sector’s most committed backers to rethink their strategy.