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

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

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

Yujing Liu

Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.