70% of personal stock investors hold very small amount of capital

70% of personal stock investors hold very small amount of capital
www.chinanews.cn 2007-08-04 14:30:05







Chinanews, Beijing, August 4 – According to a report by the China Securities Journal, 70% of personal stock investors hold a total capital of no more than 500 thousand yuan each, and nearly the same percentage of them have invested 1/3 or more of their family assets in the stock market.

A recent survey, jointly conducted by Securities Associations of China and the Securities Investors Protecting Fund, shows that most Chinese investors are optimistic about the situation in the stock market, and the bull market is expected to last up to the opening of the 2008 Beijing Olympic Games.

In the survey, 54% of the respondents tend to keep their current investment, while another 17% wish to increase their investment. Most of them have expected a low revenue from their investment. 60% think their investment will generate a 10%-50% of revenue.

About 50% of personal stock investors are aged between 33 and 54. The survey also finds that laid-off workers, retirees and freelancers are the most active in the stock market, taking up 35.5% of the respondents. Technicians are also very interested in investing on stocks, for they take up 31.1% of the respondents. Though 60%-plus personal investors are college graduates, most of them earn a monthly income of less than 5,000 yuan. By the way, 52% of the respondents have entered the market since 2000 or earlier, and only 23% of them are newcomers to the market.

The survey was kicked off on last June 11, and the answers were collected on last July 5, covering 2,880 respondents in 17 cities.