Equities account for less than 20% of Chinese households' total financial assets, compared with half in America, so price swings have less impact on spending.

股票资产不到中国家庭总资产的20%，美国则是占到了一半。因此，股价的波动对家庭开支影响也较小。

youdao

Over the ten years to June 18th 2010 investors in developed-market equities earned a cumulative total return of minus 7.9%.

直到2010年6月18日，发达国家股票市场累计为投资者带来了7.9%的负回报率。

youdao

International holdings of long-term U.S. equities, notes and bonds rose at a slower pace in April, the Treasury said today, with total net purchases climbing a net $11.2 billion.

财政部今天说 国际上的美国证券、纱票和债券的长期持有量在四月份上升速度减慢。

youdao

The most popular funds are those that allocate no more than 50% of their total holdings to equities.

CNN: DREAMS AND CONTROVERSY

In 1993, according to Dresdner Kleinwort Benson, financial assets accounted for 14.6% of total wealth, and equities for 16%.

ECONOMIST: Greenspan lets things simmer

Any student of stock market history knows dividend income has accounted for a significant portion of the total return generated by equities over the past three-quarters of a century.

FORBES: When Patience Pays