Do amateurs regret jumping into China’s frenzied stockmarkets?
Some have made small fortunes, others have lost everything
“I can’t even do the maths any more! It’s so incredible!” With those words, uttered on September 30th, a retail trader summed up the state of China’s stockmarkets during a surge that lasted from mid-September to early October. Posting on social media, the man marvelled at the boom in share prices. Others told triumphant tales of enormous returns.
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This article appeared in the China section of the print edition under the headline “Buy, buy, buy…sell!”
From the October 19th 2024 edition
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Trump, trade and feeding China’s pigs
As a trade war looms, China looks to cut its reliance on America
Helping America’s hawks get inside the head of Xi Jinping
China’s leader is a risk-taker. How far will he go in confronting America?
Snuffing out the flame of freedom in Hong Kong
Dozens of pro-democracy activists are thrown into jail for up to a decade
China’s greatest dumpling run
A big gathering of young cyclists is ended by officials
A spate of horrific car-rammings shakes China
They are known as “revenge on society” attacks
Mega-polluter China believes it is a climate saviour
It accounts for almost 40% of global investment in clean energy
