GUANGDONG ONLINE
    GD Travel Guide
City
 
  
Toursite (name/keyword)
   
eg: temple, park, golf,       mountain, resort . . . . . .
    Exchange Rate

 

 

   Home-Culture/Life/Edu-Studying in GD
Studying in GD
Culture News | People&Life | Education | Arts & Artists| GD Special
Students told to stay away from stocks
Latest Updated by 2007-05-30 09:55:57

China has advised college students to avoid share investments amid a nationwide craze for stock markets, where many prices have nearly quadrupled in the past 18 months.

Students have joined pensioners, housewives and people from all walks of life in moving into shares.

The Education Ministry has noticed the enthusiasm on campuses, where students have even founded stock-themed "associations," the Xinhua News Agency said on Friday (May 25).

"It's not desirable for college students to invest in stocks because their main task is to study and make solid career foundations," Xinhua quoted spokesman Wang Xuming as saying.

"It costs them precious time and energy," Wang said.

"Most students have no stable income other than allowances from their parents. They lack the ability to withstand risks and cannot bear the consequences in case of losses."

In Shanghai, home to China's main stock market, the business school of one university plans to hold a stock trading contest to pick a "god of stocks," said one official on condition of anonymity.

Chinese financial officials have expressed concerns the market may be overheating and cautioned the public to be "rational" in their investment.

Editor: Wing

By: Source:Szdaily web edition
- Relevant Stories -
Peking Univerisity's New Zealand Center set up
China sets up "credibility record" to combat exam fraud
Education Ministry bans nationwide school ranking event
China's school fees frozen for five years at 2006 levels
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
Home | News | Brief Business | PRD | Gov Info | Cities & Towns | Culture/Life/Edu | Travelling | Enjoy Life | Pictures | Specials
About Us | Contact Us | Southcn.com
© www.newsgd.com registered number 020074 | ICP Certificate No.B2-20050252
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!