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Stocks to the countryside

  • Published 06 May 2010

Is it a good idea to entice rural China into playing the domestic stock market?

'Stocks to the countryside' is a new tag line circulating domestic media following a potential initiative to improve access to the stock market for rural Chinese. The China Securities Regulatory Commission (CSRC) recently sent out a questionnaire to brokerage firms to garner their thoughts on the idea. Still, a recent online survey by web portal Sina.com showed that 71% of 23,551 participants opposed the idea in the belief that China's young stock market is too risky for rural participants who lack knowledge on the market.

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