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China Daily Website

Investors prefer bank deposits, report says

Updated: 2013-07-10 15:30
By WU YIYAO in Shanghai (

Chinese investors tend to put money in deposits instead of investing in the markets, a report found.

The report, by Manulife TEDA Fund Management Co Ltd, polled 3,500 investors in Asia.

Chinese investors believe saving money in banks is a good option amid current market conditions, the report said.

Some 33 percent of investors said they would not invest in the stock market due to its volatility.

On average, a Chinese investor's deposit account amounts to income for three years, the research found.