Can China’s ‘National Team’ Stabilize the Stock Market?

Redmond Wong, Saxo's chief China strategist, discusses the government's efforts to support the stock market and the economy. Several exchange-traded funds in China that track the country's stocks saw their turnover rise on the first day of trading after the Lunar New Year holiday, a likely sign that state-backed funds, or the so-called national team, They continue to support the market. . Wong speaks on "Bloomberg Markets: China Open." (Source: Bloomberg)