The story appears on

Page A10

March 17, 2016

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Finance

Investors prefer real estate over bourses

INDIVIDUAL investors on the Chinese mainland are showing less interest in investing in the volatile stock market, a survey revealed yesterday.

The Manulife ISI survey found that investor sentiment in the stock market declined from 65 in the second quarter to 27 points in the fourth quarter. The survey covered more than 500 mainland middle-to-affluent investors over the age of 25.

“It is not surprising that investors feel a bit reluctant about investing in a volatile market, but moving in and out of the market makes it even more difficult for investors to achieve their long-term objectives,” said Zhang Kai, president and CEO of Manulife-Sinochem,

“Despite volatile market conditions in recent months, there are still robust investment opportunities in China that should not be overlooked.”

Interestingly, the survey found that investors preferred real estate assets with intentions of buying a new home rising to 39 points from 29, while intentions to invest in real estate assets rising to 19 points from 14.

A good 65 percent of those surveyed said the economic slowdown was temporary and were confident of recovery.




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend