Chinese Investors Pile Back Into Stocks After September Retreat

Chinese households are piling back into the stock market, suggesting their net withdrawal in September may have just been a blip.

Deposits held at non-banking financial institutions — a proxy for cash that households place in accounts for trading stocks, funds and trust accounts — climbed by 1.8 trillion yuan ($253.7 billion) last month to 34.9 trillion yuan, according to central bank data published Thursday. The amount had dropped by 1.1 trillion yuan the previous month.