The Traderszone Network

Published in TZ Latest News 6 August, 2015 by The TZ Newswire Staff

One Third Of All Chinese ‘Gamblers’ Have Shut Their Equity Trading Accounts

It turns out making money trading stocks is not “easier than farmwork” and, as China Daily reports, a stunning 24 million Chinese ‘investors’ have shuttered their trading accounts since the end of June. Unlike in the U.S., where institutions dominate stock trading, retail investors are king in China, owning around 80% of listed stocks’ tradable shares, according to investment bank CICC.

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