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Chinese man jumps into steel furnace after losing £6k on stock market

A Chinese factory worker, Wang Long jumped into a super-heated 900C steel furnace after allegedly losing £6,000 on the stock market.

The 34-year-old  worker went missing from a night shift at the Chinese steel factory where he worked before surveillance footage revealed the disturbing chain of events leading to his death.

According to The SUN UK, the employee was captured in a video peeking into the furnace during a smelting operation, before taking off his helmet and jumping into the scorching heat.

His employers, Baogang Group, said it was suspected his death was related to a “large amount of losses” and that he “could not repay his heavy debts”.

On the night of his death, the amateur investor disappeared from his shift and did not return.

Baogang Group immediately carried out a search for him when he suddenly went missing and probed surveillance footage to discover any details of his disappearance.

The deceased colleagues said the “introverted” factory worker, who was unmarried, had been trading on the stock market for a long time.

Wang Long is said to have lost more than 60,000 yuan – some £6,000 – from his investments on the day of his death when China’s financial indexes fell to their lowest in three months.

The steel company in a statement said “It’s suspected that his suicide was related to the large amount of losses and that he could not repay his heavy debts.”

“We feel deeply sorry for his death. We are proactively appeasing the emotions of his family and carrying out psychological guidance for our workers.”

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