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China: Stock-Trading Apps Get Into Trouble — episode cover art
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China: Stock-Trading Apps Get Into Trouble

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China: Stock-Trading Apps Get Into Trouble. HSK 1 Chinese listening practice.

This is an HSK 1 Chinese listening episode that runs about 3 minutes. The full Mandarin script is shown with tap-for-pinyin and a line-by-line English translation, so you can listen and read at once — comprehensible input in the sense of Stephen Krashen's i+1 theory. It teaches 12 key vocabulary words such as 今天、钱、买 and walks through 4 grammar patterns, each explained in English with examples. The same news story is retold at 4 difficulty levels — use the level selector above to find the version that is challenging but still understandable for you.

Read at your level

原文

Read the complete story in Chinese. Reveal pinyin and English only when you need them.

今天一个新闻
这个新闻
关于
也是关于"股票"
"股票"什么
我先告诉
知道公司
公司
很多
可以一个公司
就叫股票
公司做得
你的股票
公司做得不好
你的股票就不
很多股票
他们想用
更多
以前股票
一点麻烦
现在麻烦
现在手机
可以
手机
一些软件
这些软件
在家可以股票
方便
今天新闻
有三这样软件
它们名字
老虎
中国
很多它们
外国公司股票
比如美国公司
起来方便
所以很多
可是
五月二十二号
中国一个部门
专门股票
这个部门
老虎
做了不对
为什么不对
中国
这样生意
国家
国家"可以"
才可以
软件
没有
做了
所以国家
这样不对
国家处罚它们
"处罚"
就是
所以你要
这个新闻出来以后
很多都在
公司
遇到麻烦
那么
这些软件
怎么
国家
不用
你的
还是你的
你的股票
还是你的
没有拿走
但是以后
这样软件
中国越来越
看了这个新闻
我想一件事
方便
一件好事
可是方便东西
不一定
清楚
能不能
然后再做
最后
买过股票
觉得
手机股票
好不好
你想一想
今天这里
明天
English transcript reference

Today I'll tell you a news story.

This news

is about money.

It's also about "stocks."

What is a "stock"?

Let me tell you first.

Do you know what a company is?

A big company

has a lot of money.

You can buy

a small piece of a company.

This small piece

is called a stock.

If the company does well,

your stock is worth money.

If the company does badly,

your stock is not worth money.

Many people buy stocks.

They want to use money

to earn more money.

In the past, buying stocks

was a little troublesome.

Now it's not troublesome.

Now, with a phone,

you can buy.

Inside the phone

there are some apps.

With these apps,

you can buy stocks at home.

Very convenient.

In today's news,

there are three such apps.

Their names are:

Tiger,

Futu,

Longbridge.

In China,

many people use them

to buy the stocks of foreign companies.

For example, American companies.

They are convenient to use,

so a lot of people use them.

But,

on May 22,

something happened.

China has a department

that specially manages stocks.

This department said:

Tiger, Futu, and Longbridge

did something wrong.

Why was it wrong?

In China,

to do this kind of business,

you must first ask the state.

Only when the state says "yes"

may you do it.

These three apps

did not ask,

and just did it.

So the state said:

this is wrong.

The state will penalize them.

"To penalize"

means you did something wrong,

so you are punished.

After this news came out,

many people were talking about it.

These three companies

also ran into big trouble.

So,

the people who use these apps —

what should they do?

The state said:

you don't need to be afraid.

Your money

is still yours.

Your stocks

are still yours.

No one will take them away.

But from now on,

this kind of app

will become fewer and fewer in China.

I read this news,

and I thought about one thing.

Being convenient

is a good thing.

But convenient things

are not necessarily all right.

For some things,

you should first ask clearly

whether you can do them,

and only then do them.

Finally I ask you:

Have you ever bought stocks?

Do you think

buying stocks with a phone

is good or not?

Think about it.

Okay.

That's all for today.

Talk tomorrow.

Listen again

Try it without the transcript and notice what sounds clearer.

What vocabulary does this episode teach?

词汇
jīntiāntoday

Today. The narrator opens with 今天我给你说一个新闻 — 'today I'll tell you a news story.'

qiánmoney

Money. The episode says 这个新闻,是关于钱的 — 'this news is about money.'

mǎito buy

To buy. The whole story is about 买股票 — buying stocks — and three apps that make it easy.

xiǎngto want / to think

To want, to think. 他们想用钱赚更多的钱 — 'they want to use money to earn more money.'

zuòto do

To do. 老虎、富途、长桥,做了不对的事 — 'they did something wrong.'

zhīdàoto know

To know. The episode checks in with the listener: 你知道公司吗? — 'do you know what a company is?'

gōngsīcompany

Company. Beyond HSK1. A stock is 一个公司的一小块 — 'a small piece of a company.'

shǒujīmobile phone

Mobile phone. Beyond HSK1. The new way to buy stocks: 用手机就可以买 — 'you can buy with a phone.'

gǔpiàostock / share

A stock, a share. Beyond HSK1. The episode glosses it: 一个公司的一小块 — 'a small piece of a company.'

ruǎnjiànsoftware / app

Software, an app. Beyond HSK1. 手机里有一些软件 — phone apps that let you buy stocks from home.

fāngbiànconvenient

Convenient. Beyond HSK1. 在家就可以买股票,很方便 — buying stocks from home is convenient; the episode's key idea.

chǔfáto punish / penalize

To punish, to penalize. Beyond HSK1. The episode glosses it: 你做错了事,所以你要被罚 — 'you did wrong, so you are punished.'

* beyond level超纲词

What grammar patterns appear in this episode?

语法

X,就是 Y

A simple way to explain a new word: say the word, then 就是, then a plain definition. The episode uses it to teach hard words like 股票 and 处罚.

这一小块,就叫股票。

"处罚",就是你做错了事。

用 + tool + 就可以…

用 introduces the means, and 就可以 says it makes something easy or possible. The episode uses it for the convenience of phone apps.

用手机,就可以买股票。

用这些软件,在家就可以买。

A,B 才 C

才 marks C as conditional — it happens only once A is satisfied. The episode uses it for the rule that you need permission first.

国家说"可以",你才可以做。

不一定

不一定 says something is not certain — not always true. The episode's quiet point: convenient things are 不一定 right.

方便的东西,不一定都对。

Proper Nouns

专有名词
老虎LǎohǔTiger Brokers富途FùtúFutu长桥ChángqiáoLongbridge中国ZhōngguóChina美国Měiguóthe United States

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