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'The police will visit you': why GameStonk won't come to China


The police will visit you : why GameStonk won t come to China
Reuters
2/5/2021
By Samuel Shen and Tom Westbrook
© Reuters/TINGSHU WANG
FILE PHOTO: Chinese national flag flutters near the building of China Securities Regulatory Commission (CSRC) at the Financial Street area in Beijing
By Samuel Shen and Tom Westbrook
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(Reuters) - In his Hangzhou apartment in eastern China, Wen Hao had just finished his daily stockpicking video when he discovered he d been barred from social media platform Toutiao, a day after inviting netizens to join his stock-recommending community.
In a country where trading activities are closely monitored and the internet censored, Wen, 35, reckoned his own blocking showed why the mass buying that sent shares in U.S. videogame retailer GameStop more than 2,000% higher over two weeks could never happen in China. ....

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