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

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: Latest news and updates
Fewer than 10 per cent of China’s small investors seek compensation. Photo: APFewer 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
READ FULL ARTICLE