Wealthy Asians raise exposure to China, fixed-income, gold as trade war rages
Wealthy investors in Asia, sitting on piles of cash built up since the pandemic, are looking to hedge their bets, shifting their assets out of U.S. equities and into the Chinese stock market and gold. (Nikkei illustration) Trading Asia Region is home to the world’s second-largest group of ultrawealthy investors LISA KIM and JADA NAGUMO October…
