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Big shareholders dumping stocks fails to dampen investors’ zeal

Chinese stock market is in a strong rally this year which have lit market's enthusiasm and attracted increasing new investors to buy stocks. In the meantime, however, the bull run in the market has prompted an rising number of big shareholders to cash in.

What's more striking is, while big shareholders are rushing out of the market, other investors choose to ignore it and share prices just continue to march higher.

According to public companies' filings to stock exchanges, as of March 11, a total of 411 listed companies had released 759 plans for big shareholders cutting stake . . .

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