People wearing masks walk by a bronze sculpture of a bull in the central business district in Beijing on March 14, 2020. Photo: EPA-EFE

In China, FOMO is swelling the ranks of retail investors chasing the next big winners amid world-beating stock rally

  • Growth in new stock account openings at major brokerages exceeded 30 per cent in June from a month earlier, according to media reports
  • Morgan Stanley says that the stock run-up has more legs, as proprietary sentiment index is still far from a level that signals trend reversal
Topic |   Stocks
People wearing masks walk by a bronze sculpture of a bull in the central business district in Beijing on March 14, 2020. Photo: EPA-EFE
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