Nearly quarter of Chinese investors ‘suffer over 50 per cent losses’ as stock market slumps, survey suggests

Nearly a quarter of investors say the value of their investments has fallen by over 50 per cent since the beginning of the year as share prices have tumbled on stock markets in mainland China, according to an online survey.

Nearly 42,000 people had taken part in the survey by Thursday launched by the financial channel of the Chinese news website Sina.com.

Some 23.8 per cent of people polled said that they “had suffered a loss of over 50 per cent and dare not to check their accounts again” since the beginning of this year, while over 27 per cent said their investments had fallen by up to half in the same period.

Some 26.3 per cent of the people polled said this year’s gains have been wiped out since the stock market slump started on June 13.

Over 10 per cent said they remained in profit, but with gains made over this year pared back to less than 50 per cent.

Only 6.6 per cent of the people polled said that they had made a profit of 100 per cent or more on their investments since the beginning of the year.