Chinese Leaders Struggle to Dispel Stock Market Gloom

Chinese Leaders Struggle to Dispel Stock Market Gloom
Chinese investors monitor stock prices at a brokerage house in Beijing on Oct., 31, 2018. Mark Schiefelbein/AP
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BEIJING—Lu Yushan, a retired salesman, has advice for investors in China’s slumping stock market: Sell.

Lu’s shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading scandals, a cooling economy and a tariff war with Washington.