China Southern Airline Shareholders Protest in Beijing

Shareholders of China Southern Airline suffered huge losses from fraudulent practices by the Shanghai Stock Exchange.
China Southern Airline Shareholders Protest in Beijing
Caption: China Southern Airline shareholders appeal in Beijing The Epoch Times
|Updated:
<a href="https://www.theepochtimes.com/assets/uploads/2015/07/zzbanner_medium.jpg"><img src="https://www.theepochtimes.com/assets/uploads/2015/07/zzbanner_medium.jpg" alt="A man hangs banners from a building near China Securities Regulatory Commission. (The Epoch Times)" title="A man hangs banners from a building near China Securities Regulatory Commission. (The Epoch Times)" width="320" class="size-medium wp-image-87930"/></a>
A man hangs banners from a building near China Securities Regulatory Commission. (The Epoch Times)

 

More than 20 shareholders of China Southern Airline Company protested in front of the China Securities Regulatory Commission on Beijing’s Financial Street early in the morning of June 22. One man even hung banners and threw flyers from a nearby 23-story building. About a dozen police cars quickly moved in to contain the protesters and took the man away.

According to the protesters, they are shareholders of China Southern Airline who have suffered enormous losses as a result of a fraudulent and illegal trading practice by the Shanghai Stock Exchange and other securities companies. They want their hard-earned money back.

Protesters have posted their complaints in different places, and claim they will spread their message across the entire nation if the government does not give them back their money.

An Epoch Times reporter interviewed one of the protesters who said, “At about 8:40 a.m. this morning, Zhang Yunpeng, one of the shareholders from Helongjian Province, hung banners from a room on the 15th floor of a 23-story building near the International Exhibit Hall on Financial Street. His banners read ‘Shanghai Stock Exchange Commits a Financial Crime,’ ‘China Securities Regulatory Commission Covers up for Corruption and Malfeasance,’ and ‘Give Me Back My Hard-Earned Money.‘” He also threw tens of thousands of flyers into the street, ‘Give us back our hard-earned money. I defend my rights with my life.’”

One protester said, “Most of us who came to Beijing today are out-of-towners. There were two dozen protesters. The police were quick to respond. About a dozen police cars arrived within several minutes. Then there were even more policemen.”