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Here’s what happened in that wild trading in China internet stocks



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In this photo illustration the ViacomCBS logo seen displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket | Getty ImagesChinese stocks listed in the U.S. fell sharply last week, after several weeks in correction mode.A trader who participated in some of the wild trading in Chinese internet stocks on Friday confirmed that the primary cause of the selling in Chinese stocks was that a fund, Archegos Capital Management, was forced out of its positions.Here is the sequence of events, according to the trader, who spoke on condition of anonymity because trade details are usually private.1. The catalyst was  …

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