By Stephany Zoo
State-owned investment companies now consider suicides simply “health problems”. China Jianyin Investment Securities Co attributed the death of Wang Shiqiang, their 60 year old Chairman of the Board of Supervisors, to natural causes, after he jumped to his death off the office tower that houses the company on April 16.
In a statement, China Jianyin claimed the death was tied to personal issues, rather than Wang’s recent heavy failures incurred by the fall in gold prices. Despite Wang’s colleagues comments that he “suffered from tristimania”, a depression that involves feelings of dejection, Wang is known widely for his substantial losses from trading in gold and silver futures.
Wang has been with China Jianyin since 2006, and previously held several senior positions at the People’s Bank of China. China Jianyin is a conglomerate with businesses ranging from financial consulting to commercial property development, with assets totalling 76 billion yuan. Guess that money couldn’t fix Wang’s “health problems”.