China’s army of 220 million retail investors relive 2015 nightmare as stocks dive

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China’s army of 220 million retail investors relive 2015 nightmare as stocks dive - SCMP

Quick Summary:

Retail investors in Chinese stocks are reliving memories of 2015, which shaved a third of the market capitalisation.

The market stands a chance of a stabilisation or even a rebound, if the meeting delivers a message of growth stabilising, according to Song Yiwei, an analyst at Bohai Securities in Tianjin.

Wu Qing, who was named chairman of the China Securities Regulatory Commission in February, has had limited success in stemming the market rout.