2015-07-29

Another Market Related Death

A fund manager suffering from depression was pushed over the edge by the market.
Caixin: Investor Angry at Gov't Role in Stock Market Rout in Apparent Suicide
A fund manager who apparently jumped to his death from a high-rise in downtown Beijing suffered depression and was angry the government intervened in the stock market rout, people who knew him say.
Liu Qiang, a 36-year-old fund manager at Ruilin Jiachi, an asset management firm, jumped to his death from a building near busy Jianguomen Street, people who knew him well said.

News about his death surfaced on July 24, when a post that he jumped off a building two days earlier appeared on the social media accounts of investors and people working in finance. It is unclear who posted the first message.

On July 27, a lawyer from Beijing Bailun Law Firm issued a statement on behalf of Liu's relatives that said Liu actually died on July 21. The death was due to "personal reasons" that had nothing to do with the fund he managed and the recent stock market fluctuations, the statement said.

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