(Reuters) Retired chauffeur Yao Huiliang used to spend his days trading small-cap Chinese stocks, trying to make quick money on sharp moves – casino-type behavior often seen in China’s stock markets. But having lost on such bets recently, he is now switching into blue chip stocks, such as the big banks. “There’s not much swing in big-caps, so you don’t make quick money. But it’s safe,” Yao said.
Investors Are Behaving Less Like Casino Punters In China’s Stock Markets
This entry was posted in Syndicated. Bookmark the permalink.
