Fewer than 10 per cent of China’s small investors seek compensation. Photo: AP Fewer than 10 per cent of China’s small investors seek compensation. Photo: AP
Fewer than 10 per cent of China’s small investors seek compensation. Photo: AP
Business /  Markets

Why China’s army of retail stock investors might have a better chance of recouping losses from fraud

  • Introduction of ‘representative litigation’ will allow China’s 12 million retail investors to elect a representative to sue companies instead of filing individual cases
  • Amendment to securities law very necessary as individual lawsuits are a huge burden on courts, have led to low efficiency in loss recovery, lawyer says

Topic |   China stock market
Yujing Liu
Yujing Liu

Updated: 11:02pm, 29 Jan, 2020

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Fewer than 10 per cent of China’s small investors seek compensation. Photo: AP Fewer than 10 per cent of China’s small investors seek compensation. Photo: AP
Fewer than 10 per cent of China’s small investors seek compensation. Photo: AP
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