This photo is of Wu Lin’an (on the left) giving stock investment advice to members of the public in a “street stock salon” in central Shanghai, China, earlier this year. Reuters described Wu’s investment strategy this way: “Wu, seeing himself as a senior player in stock investment, believes and advises others that the Chinese Communist Party will save the stock market and make people rich.”

The “street stock salon” has been taking place for at least a decade, on the weekends. Some people go there to promote their stock analysis software, Reuters says. The number of Chinese with margin read more >>>

Source : BusinessInsider.Com