Linette Lopez
Mar. 31, 2015, 10:25 AM
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China’s stock market has exploded by 78% in the last year, and that rapid growth has people debating — is this driven by fundamentals or the sheer force of China’s new investors? We have something of an answer to that from new data collected in the China Household Finance Survey.The survey broke down the education level […]
Two-thirds of new investors in China’s recent stock market rally didn’t finish high school according to economists at Bloomberg.The Shanghai Composite Index, arguably the country’s most important stock market, has been on a roll since mid-2014 and shows no sign of stopping. This has puzzled economists given that China’s economy has of late shown some serious signs of weakness.On Friday, […]
The great Chinese equity juggernaut rolls on. The Shanghai composite is up 14% this year, compared with the S&P 500’s sickly -0.1% performance. This, as we’ve noted, is a bona fide mystery: China’s economy is sputtering and yet its stock market only flies higher.ShareTap image to zoomThe tanking housing market is one likely culprit, as is the recent zeal for […]
