From Reuters via today’s South China Morning Post, this article doesn’t need much comment:
Officials in Fujian province have told schools to caution students against dabbling in the stock market, warning that failed investments could fuel social instability. Students have followed pensioners, housewives and people from all walks of life into the stock market as prices have rocketed in recent months, despite experts’ warnings of a dangerous bubble.
“Local education departments and schools must instruct students to think twice before investing in highly risky stocks,” the Beijing News said, citing a government notice in the southeastern coastal province of Fujian. “[The regulation] is to prevent failed investments from affecting family and social stability,” it added, warning students not to see the market as an easy way to make a living.
Teachers had a responsibility to help their students get a “correct view” about the stock market, the report said. Financial officials have expressed concern the market may be overheating and warned the public to be careful about letting go of their money.
