SHANGHAI (Reuters) – A stampede killed at least 35 people during New Year’s Eve celebrations in Shanghai, authorities said, possibly caused by people rushing to pick up fake money thrown from a building overlooking the city’s famed Bund waterfront district.

The Shanghai government said that large crowds started to stampede in Chen Yi Square on the Bund just before midnight, with authorities working to rescue and aid the wounded.

It was not immediately clear what triggered the stampede, but state media and a witness said the incident was caused when people tried picking up fake money thrown from a building.

A man who brought one of the 43 injured to a local hospital for treatment said fake money had been thrown down from a bar above the street as a New Year’s celebration. People rushed to pick up the money, triggering the stampede, said the man, who declined to be identified.

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