U.S. Stocks Are Keeping China’s Amateur Investors Awake at Night

(Bloomberg) — A growing number of amateur stock traders in China are making their biggest decisions in the dead of night.It was 4 a.m. when Li Bohao, a 23-year-old Beijing native, got a panicked call from a friend telling him to sell all his shares of Nio Inc., the U.S.-listed Chinese electric-car company dubbed the “Tesla of China.” The stock was on the slide and analysts were speculating it could soon be worthless. Li took the advice — and missed out. Nio’s shares are now worth over four times more than when he sold in March. The comic animation entrepreneur, …read more

Source:: Yahoo Finance

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.