Small Chinese Investors Flying Blind In Latest Market Boom

Li Haitao, a 24-year-old employee at a steel trading company, did no research last June before he joined a stampede of novice investors into China's surging stock market. He paid for his risk-taking. "I went in blind," said Li, who works in the southern province of Hunan. "I already have suffered some losses, but luckily not much.

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