The heck with fundamentals! Concept shares in hot demand

Stocks | Huang Xiangyang

You are totally out of touch if you do not talk about stocks these days in China. The bull run on the mainland equity market and the perceived wealth effect that goes along with it have made it hard for even the least-interested investors to remain aloof.

The chance for small investors to become a little wealthier has never seemed better, at least for the past seven years. The benchmark Shanghai Composite Index has surged nearly 40 percent from the start of this year, making it the best-performing globally.