The winners and losers of China’s markets in 2021

TheStar Sat, Jan 01, 2022 09:30am - 2 years View Original


Bright future: A worker at an observation tower of a solar farm in China. The country’s push to reach carbon neutrality by 2060 spurred some big gains in the electric vehicles and solar space. — Bloomberg

IN a year that’s seen China’s “common prosperity” agenda roil global equity markets, the nation’s policies also created a greater divide between stock winners and losers at home.

Policy direction looks set to drive market sentiment in 2022 as well, with a twice-a-decade party congress that could extend President Xi Jinping’s term.

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