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The Shenzhen Stock Exchange:investors need better knowledge and services

2011-03-16 09:34:15Source:globaltimes.cnAuthor:

The Report of Conditions of Investors in 2010, published by the Shenzhen Stock Exchange on March 14, shows that the Chinese stock market poses three challenges to investors.

During the publication conference of the report, Song Liping, general manager of Shenzhen Stock Exchange, said investors are facing three obstacles that prevent them from getting better knowledge and services on the stock market.

The first one is that the investment market consists of small and medium investors. Statistics show that over 80 percent of investors' assets do not exceed 500,000 yuan (about $76.000).

The second is that it is very hard for so many newly-listed companies to coordinate a relationship with millions of investors. There were 321 companies newly listed on the Shenzhen Stock Exchange in 2010, 3.27 times the figure in 2009.

The last, is that the introduction of the Growth Enterprise Market (GEM) brought more risk and trouble to investors in evaluating these companies' value. Companies on small and medium-sized boards and GEM are in a period of growth, which is not stable, so it is very hard for investors to select from new companies, new industries and new business patterns.

"Our investors need better knowledge and services", Song Liping said.