July was a very poor month for Asian markets, particularly China, where increased regulatory crackdowns led to extreme volatility across both equity and credit markets. Tech and property sector regulations continued to worry investors, but it was the announcement by the Chinese government of very harsh regulation in the after-school education sector that seemed to drive markets sharply lower. For the month, the HSCEI was down -12.8% while the HSI finished down -9.6%.
To read more click download the factsheet: Tribeca-Vanda-Asia-Credit-Fund-Monthly-Update-July-2021