FOX NEWS RADIO – 7AM, AUG 26 –
(SHENZHEN AND SHANGHAI, CHINA) AUG 26 – SOME FIRST TIME STOCK MARKET INVESTORS IN CHINA SAY THEY’RE UNHAPPY THAT SOME OF THEIR GAINS HAVE BEEN CLAWED BACK BY RECENT DECLINES, BUT OTHERS SAY THEY MIGHT JUMP BACK IN.
FOX NEWS RADIO’S BILL MARCUS SPOKE TO SOME IN CHINA.
(SCRIPT)
SHAO JIAN FEI OF SHANGHAI SAYS HE SEES OPPORTUNITY IN LOW STOCK PRICES EVEN AFTER LOSING HALF HIS INVESTMENT – EQUAL TO 15-HUNDRED DOLLARS.
SHAO – I CAN ACCEPT IT BUT FEEL DISAPPOINTED :04
JOY TANG OF SHENZHEN WON’T EVEN SAY WHAT SHE LOST.
TANG – IT’S HORRIBLE… :01
WHAT SHE MADE IN HALF A YEAR, SHE SAYS, SHE LOST IN HALF A WEEK.
TANG – THE STOCK PRICE HAS FALLEN DOWN TOO FAST FOR ME TO MAKE A QUICK DECISION. :07
TANG SAYS IT’S SHAKEN HER CONFIDENCE IN BEIJING.
TANG – I’M KIND OF DISAPPOINTED WHEN GOVERNMENT HAVEN’T SAID ANYTHING ABOUT THE RESULT :07
BOTH INVESTED IN CHINESE BANKS.
BILL MARCUS, FOX NEWS RADIO
*****
JOY TANG, A NEW INVESTOR IN THE CHINESE STOCK MARKET, SPEAKS ABOUT HOW MUCH SHE LOST IN SO SHORT A TIME.
30 YEAR-OLD NEW INVESTOR IN THE CHINESE MARKET WHO WORKS IN SHANGHAI AS A SALESMAN OF NAUTICAL EQUIPMENT SAYS THE LOW PRICES IN THE CHINESE STOCK MARKETS MAY LURE HIM IN AGAIN. HE’S ALREADY LOST HALF HIS INVESTMENT EQUAL TO US$1500.
30 YEAR-OLD FIRST TIME INVESTOR SHAO JIAN FEI WHO GOES BY THE ENGLISH NAME OF JOHNNY SAYS HE LOST HALF HIS INVESTMENT (US$1500) BETTING ON CHINESE BANKS, ALCOHOL COMPANIES AND FOOD COMPANIES.