The wealthiest man in China, Zong Qinghou, says the “the capital markets suck in China,” suggesting speculators have ruined the market for average investors.

It is a widely acknowledged and begrudged fact that it’s a stock market where only investors with insider information can get good returns, reports WSJ.com.

The beverage baron has chosen instead to invest in high-tech projects and has shown interest in such sectors as bioengineering and energy-saving electrical appliance.

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