Yale University has confirmed that the Chinese government will now allow it to trade in the Chinese stock market, the first educational institution allowed to do so. Whoopee.
Can one imagine any activity more imprudent than trusting even a portion of Yale’s massive endowment to a market that just keeps going down? Wait…can they short stock, too?
The China Allows Yale to Invest in the Chinese Stock Market by AsiaBizBlog, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.