Economics
China Just Made It Easier to Bet Against Its Priciest Stocks
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Betting against China’s most expensive stocks just got a whole lot easier.
Futures on the small-cap CSI 500 Index started trading on Thursday, giving investors a cheaper way to wager on declines in shares valued at more than twice the level of the benchmark Shanghai Composite Index. The CSI 500 has surged 47 percent this year, versus a 26 percent gain for the Shanghai measure.