A third major investors left China because of falling stock market

Almaty. August 19. Silkroadnews - The fall of the Chinese stock market led to the departure of the country's major investors, reported Bloomberg, citing data from the company's China Securities Depository and Clearing Corp.
It is noted that in July the number of traders holding shares worth more than 10 million yuan ($1.6 million) decreased by 28%. In total, the number decreased to 76 thousand in June to 55 thousand.  It is also a 22% reduction in the number of investors holding shares in the amount of 1 to 10 million yuan.
Experts interviewed by the agency, believe that the decrease in the number of large traders caused a serious drop in the Chinese stock market, which is observed in recent months.
As for August 19, the main index of the Shanghai Stock Exchange Shanghai Composite is at 3794 points. During the day, it added 1.2%.
On August 11 China's central bank decided to devalue the yuan, reducing the daily rate set by reference to a record value - 1.9%. Regulator has undertaken to maintain a steady course on the "reasonable" level, and strengthen the role of market forces in its definition.
Earlier in June, Shanghai Composite reached a peak of 5166 points. By 9 July the index has fallen by 30% to 3507 points (drawdown on the $3 trillion).
In addition, China's economy is not growing as fast as expected. State's GDP in the first half rose by 7%, while in the same period last year, an increase of 7.4%.