"...finally opening those stacked up monthly brokerage statements"--ignoring statements in the hope the bad news will go away is more of an American thing. Chinese investors check the stock market daily, if not more often.
The only thing I learned from this article/blurb is that there is little or no correlation between Chinese consumer confidence and stock prices. Whether or not Chinese consumers will experience a hangover or lose confidence has zero impact on the Shanghai stock market.
China's Looming Hangover? [View article]
China's Looming Hangover? [View article]
The only thing I learned from this article/blurb is that there is little or no correlation between Chinese consumer confidence and stock prices. Whether or not Chinese consumers will experience a hangover or lose confidence has zero impact on the Shanghai stock market.