China’s Gen Z Thinks It Can Ride the Stock Market Frenzy

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Young investors are piling into China’s A-share market in the wake of a week of historic gains. But experts warn that they are playing a risky game. Young Chinese are plowing money into the country’s A-share market in record numbers in an attempt to cash in on a week of historic gains, but experts caution that they are playing a risky game. The A-share market — made up of major mainland-based companies — went into overdrive after Chinese policymakers unveiled a series of economic stimulus measures in late September. Between Sept.23 and 27, the Shanghai Composite Index surged 12.8%, recording its largest single-week gain since November 2008. Trading was halted for a week during last week’s National Day holiday, but hype over the market continued to build thanks to an explosion of bullish media and social media commentary. The frenzy convinced massive numbers of young Chinese to try their luck at stock investing — often for the first time. A representative from brokerage firm ………………………………