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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (168321)2/9/2021 7:52:15 AM
From: Snowshoe  Read Replies (1) | Respond to of 218909
 
So how is this going?... ;)


China's retail investors eager to copy Americans on Reddit-driven stock mania
thestandard.com.hk

29 Jan 2021 10:22 pm

The frenzy over GameStop has inspired amateurs everywhere to shake up stock markets. Now China's massive army of retail investors wants to get in on the action, Laura He and Serenitie Wang of CNN Business report.

Talk of the video game retailer's epic share surge has taken over Chinese social media and the eye-popping gains in that stock and others have become the envy of the country's young day traders. They are now calling on each other to band together to emulate their American counterparts in driving up the share prices of struggling companies.

"Market makers are trembling in front of retail investors who grouped together," wrote one user on the social media website Weibo. "It will soon be China's turn."

Just as Millennials and Gen Zers in the United States have bemoaned the hedge funds and short-sellers that are part of the Wall Street elite, many small investors in China have cried foul over what they see as exploitation of the market by the big institutions...