China 'Metaverse' stocks tumble on state media warning, regulators' attention

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Chinese shares seen with links to 'Metaverse', a virtual shared space based on virtual reality technologies, slumped on Thursday after their recent surge raised regulatory eyebrows and prompted state media to warn against investing in them.

Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China, February 15, 2016. C REUTERS/Aly Song

Investment is not a virtual game and investors buying Chinese stocks hoping to profit from Metaverse will likely end up in tears, China's official Securities Times warned in a commentary on Thursday. The commentary came a day after the Shenzhen Stock Exchange sent a letter to Zhejiang Jinke Culture Industry Co

 

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Xi Pooh leader for life tightening his grip on every sector, a demographic collapse incoming, food and energy dependence (and soon to be shortage), credit/real estate bubble...and best of all, these are all self inflicted 🤣 China will bury itself! 😂 Get your popcorn ready! 🍿

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