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.
Also read: