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China's flood of cash even roils egg futures

Unusual jump shows tendency to experience investment bubbles when govt steps up spending and lending

Published Mon, May 2, 2016 · 09:50 PM

Hong Kong

CHINA is pouring hundreds of billions of dollars into its economy in a new effort to support growth. Some of it is going into roads and bridges and other big projects that will keep the economy humming.

And some of it is going into eggs.

China's latest lending deluge has sent money sloshing into unexpected parts of the economy. That includes a financial market in Dalian where investors can place bets on the future productivity of the country's hens.

Egg futures have surged by as much as one-third since March, the sort of move that would be justified if investors believed Chi…

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