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 . . .
To continue reading, please subscribe. You will get
- Original and in-depth reporting on China's economy and financial markets
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
- Daily Brief newsletters to get you prepared for every trading day
Free Trial + Christmas Offer!
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In