Dampening the spirit

China's stock market is often described by Chinese media as a playground for gamblers. It is rife with gossip and speculation, and subject to the vagaries of Chinese politics.

With the emergence of Xi Jinping as China's new boss, some wealthy people have been pulling money out of the stock markets in Shanghai, Shenzhen and Hong Kong in recent weeks. They have been particularly anxious to exit two sectors - liquor and gaming, both of which are linked to the nation's longtime problem of corruption, which Xi has vowed to fight.

via Business feed http://www.scmp.com/business/article/1101616/dampening-spirit