Shanghai Mayor Mentions Stock Market, Met With Laughter

Shainghai Mayor Mentions Stock Market Met With Laughter

The Mayor of Shanghai was met with chuckles from his audience after mentioning the stock market at the 2015 Lujiazui forum. Taking over the podium from the Chairman of the China Securities Regulatory Commission, who had mentioned the increasing need for the banking sector to support the real economy, Yang Xiong attempted to explain the background to the meeting with the words, “Recently the stock market…”. After the laughter subsided, he continued, “…Has been fluctuating between the bulls and bears.” Netizens were concerned about investments made by the old and young.

Source: Netease

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  • CertUI

    My girlfriend started to play on the Shanghai stock market about 2
    months ago, explaining me that she had a very serious plan to tenfold her initial
    investment in 6 months ; that made me raise an eyebrow. How can she and some investors be so naive, that’s beyond me…

    • KamikaziPilot

      Not sure if that’s worse than those who insist on keeping their money in the bank earning zero or next to zero interest because they don’t want to take any risks at all. Maybe you can make sure she only invests about $1000 or so and if she can increase it by ten, well then she might be a genius, or very very lucky. I’ve given up being shocked by people’s stupidity and naivete. Maybe 10 years ago but not now.

  • compared others, i do not lose much!
    i do not buy high price stocks, my current two stocks when i bought already fell a lot.
    just wait and wait!
    i do not loan money to play stocks, so i do not suffer much! also my family and sister can blood me when i am in trouble.
    in case i am in big trouble, then i can marry, get around 30000 usd to blood me again.

    • KamikaziPilot

      “i do not loan money to play stocks, so i do not suffer much! also my family and sister can blood me when i am in trouble.
      in case i am in big trouble, then i can marry, get around 30000 usd to blood me again.”

      Blood me? OMG sounds horrible! You make me laugh with your Chinglish posts, I’ll give you that.

      • how much you gave your wife when marry?
        i wonder!

        • mr.wiener

          A house..

          • you put her name your paper or just let her live in, it’s totally different.

          • mr.wiener

            Her name on the paper.

          • then you are good.

        • KamikaziPilot

          I gave her all the money I had in my wallet at the time, which was about $50.

      • also you are an old ass never play online game, so you feel it’s so funny!

        • KamikaziPilot

          You’re right, I’m an old ass who never plays online games. Whereas you’re a young (well not that young) ass who always plays online games.

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