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Tuesday, May 22, 2001, updated at 16:44(GMT+8)
Life  

Li Baozhu Breaks Guinness Record in Stock Collection

Li Baozhu, 31, a miner in Pingdingshan City, central China's Henan Province, has collected 1,508 types of stocks, breaking the Guinness World Records.

Li began to collect stocks with great curiosity when the Shanghai and Shenzhen securities exchanges opened in the early 1990's.

He has collected the stocks since 1993, while studying the Chinese stock history He found many interesting things by studying the stock history. For example, China's first stock was issued 100 years ago. It is rarely known that the Chinese Communist Party has ever issued stocks with portraits of Marx and Lenin.

He has suffered from innumerable hardships in getting a valuable stock. In 1998, he paid several visits to a friend in Beijing on learning that the latter had a historical stock. At last he got it because the friend was moved by his sincerity.

In 1999, he found a stock issued when Japanese troops invaded three provinces in northeast China. Although he had little money with him, he only left travelling expenses and ten yuan for buying food and spent all the rest money buying stocks.

He has walked through much of China in the last six years to collect stocks. His collection almost covers all times from the Qing Dynasty (1644-1911) to the Republic of China (1911-1949), and from the early period after the founding of New China to the period of reforms and opening up.

After appreciating his collections, some economists said, "His stocks filled in the vacancy of the Chinese security issuance history". The Beijing-based Revolution Museum has collected his stocks as valuable cultural relics.







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Li Baozhu, 31, a miner in Pingdingshan City, central China's Henan Province, has collected 1,508 types of stocks, breaking the Guinness World Records.

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