In the summer of 2026, a generation of young Chinese fund managers inherited billion-yuan mandates just as the technology stocks they held began to unravel. What followed was not merely a financial loss, but an accelerated education in the weight of responsibility over other people's capital. Their trial by market fire raises older, enduring questions about how institutions prepare the next stewards of wealth — and what is owed to those who trust them.
China's rookie fund managers face baptism by fire as tech bets crater
Economy & Finance