Will China’s venture capital market become investable again?

[SINGAPORE] “No one likes to talk about a falling market” is a lesson I learnt early in my career as a financial journalist.

When the gold price cratered to US$250 per ounce in 2001, traders I called for my daily market comment told me to stop doing so. “There’s nothing going on,” was the common refrain.

If the adjective “uninvestable” was as commonly used back then as it is now, it would have been an apt description of gold. The precious metal has since shrugged off that tag, as demonstrated in its steady ascent to record highs this week.