There are many examples of people getting wealthier in this market rally, at least according to the retail investors whom The Edge spoke to. When the stock market started to run, the effect was much stronger as people were getting more pay and more jobs were available. Gender-wise, males make up 71% of retail investors. By ethnicity, the Chinese comprise 70% of retail investors while bumiputeras are close to 30%, from just 20% two years ago. With the strong retail interest in the stock market, Yeah cautions about the risk of asset bubbles.
Source: The Edge Markets September 17, 2020 06:00 UTC