State-controlled funds, among the world’s wealthiest asset managers, entered the coronavirus pandemic with the least money allocated to stocks in six years. That isn’t because they are looking for safety. Read More WSJ.com: Markets...

Beijing is wagering that its crackdown on the former British colony won’t undermine foreign-investment flows, as business with the mainland flourishes. “I don’t think it means the death of Hong Kong, but it makes for a very different Hong Kong than the one we’ve known.” Read...