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Five people killed after a man drove his car at high speed into a crowd of pedestrians in the city of Dalian in northeast China as he was upset because of a failed investment, reportedly in Cryptocurrency, and wanted to 'take revenge on society.'
The China Morning Post reported that a suspect, identified as Liu, 32, has been detained.
The incident took place at 11.40 am (local time) on Saturday in a downtown area of the city. Footage caught on CCTV and mobile phones showed a black sedan car accelerating into a group of people as they were using a pedestrian crossing.
According to a police statement, Liu, who works as a hairdresser, jumped a red light and accelerated to 108km/h (67mph) in just seven seconds before crashing into the pedestrians.
Four people died at the scene and a fifth died later in hospital. Five other people were injured in the incident, police said.
Qu Bo, Dalian's deputy police chief, said on Sunday that the suspect had been detained on a charge of "endangering public security". If found guilty, he could face the death penalty.
