Press "Enter" to skip to content

Chinese companies’ insiders continue to dump shares amid market rally

The strong rally in China's equity market has attracted retail investors to buy stocks. So far this year, the benchmark Shanghai Composite Index has surged more than 30 per cent. In March, 2.99 million new investors opened accounts to make stock investment, surging 109 per cent from the previous month.

While retail investors are rushing into the stock market, public companies' executives and large shareholders are dumping shares at a faster pace.

As of April 4th, 797 public companies has made 2210 releases to sell 52.6 billion yuan worth of shares, according to filings to stock exchanges . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

Top