Grabbing a bull by the horns
By Jia Hepeng (China Daily)Updated: 2007-02-05 09:53
Today, the average Chinese investor's understanding of the stock market which is remarkably different from its Western counterparts is still fairly immature.
The stock market's recent waves have washed away many weaker-minded investors, while helping the innovative develop their own creative ways of investing.
Small investors
"I'm too old to keep up with the ever-changing policies and conditions," Wang admitted. "My daughter worries that things change too quickly, so she analyzes the trends for us on the Internet."
Before last January, the exchange hall was so empty that one of its guards said he felt lonely.
After five years of bearish performance, the Chinese stock market took a turn for the bullish early last year.
Since then, the Shanghai Composite Index the major indicator of the Chinese stock market has risen from a little more than 1,000 points to nearly 3,000.
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