A large proportion of Chinese citizens directly invest in its stock markets compared with the West, where professional institutional investors dominate, so there is much direct exposure to average citizens with little knowledge of the whims of the market.
“Mom-and-pop investors are the backbone of trading in China’s domestic A-shares market, so the miserable performance of the last two years is probably pushing trading volumes to very low levels,” said Doug Young, director of Hong Kong-based Bamboo Works, which analyzes listed Chinese companies. “A-shares” refers to Chinese firms trading on the mainland bourses in Shanghai or Shenzhen.
https://www.barrons.com/articles/ch...ant-afford-more-losses-fccd242b?siteid=yhoof2
“Mom-and-pop investors are the backbone of trading in China’s domestic A-shares market, so the miserable performance of the last two years is probably pushing trading volumes to very low levels,” said Doug Young, director of Hong Kong-based Bamboo Works, which analyzes listed Chinese companies. “A-shares” refers to Chinese firms trading on the mainland bourses in Shanghai or Shenzhen.
https://www.barrons.com/articles/ch...ant-afford-more-losses-fccd242b?siteid=yhoof2