Summary
Sustainable economic development needs financial institutions that people trust and actually use. China’s financial markets have developed rapidly, and middle-class wealth is both recent and large, so the investing behavior of individuals is changing quickly. This study examines the investment behavior of individual investors as a way to gauge perceived trust and stability in these relatively new institutions.
We analysed how the acquisition of market information relates to asset allocation and value investment. The study used secondary data from a Chinese securities corporation collected in earlier research. Respondents’ decision-making models were assessed with the general decision-making style test, and the relationships were examined with quantitative methods culminating in correlation analysis.
The results indicate that acquiring market information is positively correlated with the number of assets held and with the number of investment portfolios. The paper closes with practical implications and suggestions for future research on market information acquisition, asset allocation, and value investment in China.
Citation
Marjerison, R. K., Chae, C., & Li, S. (2021). Investor activity in Chinese financial institutions: A precursor to economic sustainability. Sustainability, 13(21), Article 12267. https://doi.org/10.3390/su132112267
Indexed in: SSCI
Citation
@online{2021,
author = {},
title = {Investor {Activity} in {Chinese} {Financial} {Institutions:}
{A} {Precursor} to {Economic} {Sustainability}},
date = {2021-11-06},
url = {https://chadchae.github.io/posts_publication/2021-11-06-investor-activity-chinese-financial-institutions/investor-activity-chinese-financial-institutions.html},
langid = {en}
}