China state media cautions against Metaverse stock risks

📆 9/9/2021 6:30 AM
📰 Reuters

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Investment is not a virtual game and investors blindly buying Chinese stocks hoping to profit from the so-called Metaverse will likely end up in tears, China's official Securities Times warned in a commentary on Thursday.

that are perceived as developing the Metaverse - a virtual shared space based on virtual reality technologies.

It also came after China's top securities regulator, Yi Huiman, told a conference on Monday that exchanges should have a better understanding of investor behaviors in the Internet age. The Metaverse is still in its infant stage and related technologies are far from mature, the Securities Times said.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

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