(CNN Money) China stocks have ballooned to unbelievable heights this year, generating huge returns for retail investors who have poured their savings into the market.
But with concerns over a bubble growing, those same investors are now in a precarious position.
The market's strength is "just a mirage," said Vincent Chan, managing director of equity research at Credit Suisse. There will be a final trigger that "comes as an accident, which nobody can really foresee ... retail investors, if leveraged, are usually the first group of people ... that lose."
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