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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