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CHINA / Odd News |
School-age prodigy masters market vagaries(China Daily)
Updated: 2008-02-05 09:39 An 18-year-old student in Nanjing, Jiangsu province, has been trading stocks ever since he was nine years old under the guidance of his father. After returning a profit of 1,100 yuan ($150) in his first year, Wang Hao developed a strong interest in the stock market. After reading the memoirs of Wuliangye, one of the top liquor makers in the country, Wang purchased 3,600 yuan worth of the company's shares in 2001, trusting that Chinese families like drinking liquor on holidays. After seven years, his holdings in the company are now worth 40,000 yuan. (Modern Express) |
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