Market plunge leads to Weibo self-mockery

In today's trending, Weibo users mock themselves for stock market losses, thick legs may mean higher IQs, floating rice fields, and children playing with miniature animals.

An investor wipes her nose at a stock brokerage house in Huaibei city, Anhui province, July 2, 2015.[Photo/IC]

 

Market plunge leads to Weibo self-mockery

China's stock market continued its losing streak last week and saw the biggest three-week decline since 1992, seeing $2.8 trillion of market value evaporate.

Statistics show that the slump wiped away more than $34 billion in the combined net worth of the richest people on the mainland and Hong Kong in June, sparking heated debate online.

A Weibo topic on the devastating stock market plunge attracted 21.32 million readers and 56,000 comments as investors mocked themselves for hemorrhaging money. Here are some amusing posts:

Post No 1:

Tom: I want to report the loss of a Porsche.

Policeman: Where did you lose it?

Tom: On the stock market.

The face of the policeman turned green, the color of which signals a decline in the stock market.

Post No 2:

Tom: I invested 10,000 yuan ($1,612) in the stock market one month ago and now made a profit of 380,000 yuan ($61,256).

Tom's friend: How is it possible for you to make money while everyone else is losing?

Tom: I recommended possible bullish stocks for others to buy, which, however, all declined by their daily limits. The investors were furious and broke my legs, then paid me compensation.

In our next story, thick legs may be a sign of a high IQ.