Pursuits
China Investors Get That Greater Fool Feeling as Selloff Deepens
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Wang Yan is starting to regret that day two months ago when she gave into temptation and piled into the Chinese equity market.
“Back then, I thought I must be stupid not to invest in stocks as making money out of it was so easy,” said Wang, 26, who works for a publisher in China’s eastern Zhejiang province. “Now I think I’m even more stupid. The money I lost almost equals my one-year salary.”