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Mainland investors confident
2007/10/16 16:08 (Beijing - China)
Source:

Chinese mainland investors remain confident of returns from the stock market, despite most other Asian markets retaining a more conservative outlook, an industry survey said yesterday.

ING Asia Pacific said yesterday that most investors across Asia believed that the investment climate would continue to be positive, although they did not expect their return on investments to be as strong as the previous three months.

Investors in China's mainland, India and Philippines were the exception, believing that the return on their investments will be just as strong in the next three months.

ING, together with TNS, conducted the survey in 13 markets in the Asia Pacific region, including Australia, Hong Kong, India and Singapore, by interviewing 1,308 investors online or through face-to-face interviews.

The interviewees were all people over 30 with disposable assets of at least US$100,000.

Chinese mainland investors also actively trade more compared with investors from other regions, and 24 percent of the respondents had traded more than 20 times in the past three months, third after Thai and Hong Kong investors.

The investment horizon for mainland investors also tends to be shorter, with 82 percent looking at five years or less.

In the 13 markets, respondents who said they will consider investing in properties are most interested in the Chinese mainland.

(By Maggie Zhang, Shanghai Daily)


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