Preliminary results from the China Household Finance Survey
- 31.5% of respondents plan to reduce their stock holdings
- 12.3% said they plan to increase their stock holdings
- Remaining saying they do not plan to change their holdings
- For Q2 4.8% of stock investors bought homes, compared with 2.3% recorded in Q1
- Of those who bought property, 70% came from households that have made money in the stock market.
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The China Household Finance Survey is a quarterly survey carried out by researchers at Southwestern University of Finance and Economics in Chengdu
Respondents were polled in a telephone survey conducted from June 15 - to July 2