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Investors remain optimistic about stocks

(Xinhua)
Updated: 2008-04-01 19:11

More than 60 percent of Chinese investors, mostly educated male working people, expected stock prices to rise despite the depressed market since January, according to a survey released by China's securities regulator on Tuesday.

 

An investor looks at an electronic board at a brokerage hall in Shanghai April 1, 2008. Chinese shares nosedive 4.13 percent on Tuesday after central bank vowed to continue tightening monetary policies. [Xinhua]

Share prices fell on Tuesday to a record low of 3,329.16 points, the lowest point since last April. Compared with the last trading day of 2007, prices had tumbled nearly 37 percent.

Despite this investors - who were mostly male, mostly well-educated and mostly young or in early middle age - remained optimistic.

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