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In China, stock trading is a popular sport

Herr Suo

Private investors like Mr. Suo are therefore regularly held responsible when things get turbulent again on the stock exchanges in the People’s Republic.

Zhengzhou Every morning at 9 a.m., Suo Xianjun’s day begins with the same routine. Before the markets in China open, he looks at what happened on Wall Street the night before. Also this morning. He is sitting on the couch in his living room in Zhengzhou, central China, and his wife has just brought fresh tea. “The Chinese stock markets follow those in the US,” explains Suo. So first he looks at the Dow Jones, he says and shows a curve on his smartphone.

The 67-year-old looks much younger than he is in his sweatshirt with the words “Free Snowboarding” on it, the slightly tanned face and the wiry figure. Although he retired seven years ago, he is very busy as he devotes a large part of his day to trading stocks. And he’s not alone in this.

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