As the Bernstein study, individual investors tend to buy from China exchange assets with highest risk - based on AMarkets.
Interviewed in 2200 investors plan to buy in the near future more shares, bonds with low grades and high yield, as well as all sorts of risky ETF-products. At the same time, bank deposits and protecting assets (retirement accounts and health insurance products) are becoming less popular. Bernstein researchers say that the Chinese special individual investor - wants everything at once. It is not ready to take into account the threat of capital losses. The Chinese are actively buying shares of companies, recently published in the IPO. By and large this strategy to Chinese investors for a long time called the current president and his administration.
Dynamics of China's stock index is not much sobered. In fact the Chinese stock market in the shortest possible time lost $ 5 trillion investment money - when all rushed to sell:
Economists joke - the Chinese are not "sober up" until they receive an American scenario from 1929 with a characteristic collapse index Dow Jones.