Market Crush

When the government initiated a stock-market experiment, as many as 1 million Chinese poured into Shenzhen to buy lottery tickets entitling 500,000 winners to buy 1,000 shares apiece. Would-be investors soon heaved themselves into a riot that brought out cops with tear gas and truncheons. A day later, the government announced that it would double the number of applications. Dao Djonz listings should follow soon.


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