Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Chinese Investors Reveal Unhealthy Stock Market

Loading...

Sign in or sign up now!
650 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Apr 23, 2008

ANCHOR: 
The stock market in mainland China has been falling the past few days. The Shanghai index is at half its highest point of 6,100 points.
Yuxiang Yan, an investor from Hubei Province said that people are encouraged by the media to invest in the market, despite the reality that many shares have exceeded their investment value.
[Yuxiang Yan, investor]: "Newspapers are manipulating public opinion about the market."
Ms Zhou, an investor from Hubei Province, said she bought shares from a false public offering share. But since the company owner was a communist party official, there was nothing she could do.
[Ms Zhou, investor]: "The government has no policy to save the stock market so people have lost trust in it. Relations with my husband suffered because of the false share and I considered suicide."
When she appealed she was physically attacked by police.
[Ms Zhou, investor]: "The government had not only refused to help us but they assigned police to come and beat us up. They said that we are responsible for the false shares because they didn't ask us to buy it."

According to the reports of the Epoch Times Newspaper, on the 15th of April, an investor in Hunan Province smashed the stock exchange hall in anger over falling stock prices and the lack of regulation by the communist party.
NTDTV, CHINA NEWS

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:

All Comments (0)

Sign In or Sign Up now to post a comment!
Loading...

0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more