HONG KONG — Dannie Li, 30, who has 140,000 yuan ($19,840) in Chinese stock funds, couldn't wait for mainland markets to reopen on Tuesday after a seven-day National Day break. Stocks were on a government-stimulated tear before the holiday, and Lee had seen enough.
“Once I get back all my investment capital, I will exit the A-shares market once and for all,” he said. “Stocks should have a few more days to rally. But this has proven to be a policy-driven market and I no longer trust it.”