This is an automatically generated TL;DR, original reduced by 78%.

New data from the China Household Finance Survey, a large-scale survey of household income and assets headed by Professor Li Gan of Southwestern University of Finance and Economics, provides fresh insights into who has been driving the recent rally in China's markets.

Gan's survey, which was conducted at the end of 2014 and covers some 4,000 households across the country, finds that the biggest new investors in China's equity markets have below a high school education and relatively low levels of asset ownership.

More than two thirds of new equity investors exited the education system by middle school - which in China means around the age of 15.

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Duplicates found in /r/POLITIC, /r/economy, /r/Economics and /r/China.