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The unsung winners and biggest losers of China's rocky markets in 2021
Jolted by Beijing's regulatory onslaught, education names such as Gaotu Techedu and property developers like China Evergrande Group are at the bottom of the MSCI China Index, which has plunged 25 per cent in 2021. Giving them company are some of the nation's tech titans that saw their value diminish in the world's biggest stock rout.
Meanwhile, China's push to reach carbon neutrality by 2060 spurred some big gains in the electric vehicles and solar space, while material shares emerged as dark horses, riding on higher commodity prices given a supply-demand mismatch.
