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Yuan Short Sellers Risk Getting Burned on China Stocks Rescue

(Bloomberg) -- The yuan looks set to become a key beneficiary of China’s plan to stem a stock-market rout, as the equities rescue package would exacerbate a scarcity of the currency overseas, putting a squeeze on short-sellers.Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionTurkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutAn Isolated Israel Doubles Down on War in G...
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Source: yahoo.com

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