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 th...
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
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