Once Bitten, Not Shy. Retail Investors Fuel Surge in Chinese Stocks

Bounce back in Chinese stocks comes just a few years after 72% crash

SHANGHAI—China’s economic growth is slowing, corporate earnings are under pressure, bank loans are souring and the property market is in a funk.

The surprise financial bright spot: China’s long-maligned stock market.

Seven years after a 72% crash from the market’s 2007 peak destroyed over $3.5 trillion worth of investor wealth, Chinese...

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