Sidewalk Touts Trade Tips on Shanghai's Booming Bull Market

April 8, 2015 8:07 PM

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Sidewalk Touts Trade Tips on Shanghai's Booming Bull Market

"When a Communist Party chairman takes office, I buy stock in companies from his hometown," Shen tells a crowd of about 20 people that spills out over the sidewalk.

Recently, Shen has been buying up companies in Shaanxi, the home province of Xi Jinping, who serves as general secretary of China's Communist Party.

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