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   China: China’s stock market slump in six figures

The benchmark Shanghai Composite Index fell by 16 percent over two days (Monday 24th and Tuesday 25th of August).

The Shanghai Composite Index jumped 150 percent between August 2014 and June 2015.

The amount of money spent by China’s government in its failed attempt to prop up share prices during the selloff.

China’s richest people lost more than 34 billion dollars in their combined net worth during the selloff.

The number of share dealing accounts opened between June 2014 and May 2015, giving an indication of the number of ordinary Chinese citizens investing in the stock market.

A third of the new investors in China (entering the market in 2014) left school before 12 years of age and 6 percent are illiterate*.


*Source: Survey on China’s new investors by the Southwestern University of Finance and Economics in Chengdu at the end of 2014.