China's securities regulator on Friday said it is investigating the impact of automated trading on the market, as Beijing intensifies pressure on its financial industry in the wake of a share-price plunge.
The China Securities Regulatory Commission (CSRC), in an announcement on its official microblog, also said it had restricted 24 stock trading accounts for suspected irregularities, including abnormal bids for shares and bid cancellations that might have impacted wider market performance.
The Chinese government has massively intervened on multiple fronts to rescue its stock market after it slumped over 30 percent in less than four weeks following June 12. But it has struggled to produce a sustainable turnaround.
Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my
The China Securities Regulatory Commission (CSRC), in an announcement on its official microblog, also said it had restricted 24 stock trading accounts for suspected irregularities, including abnormal bids for shares and bid cancellations that might have impacted wider market performance.
The Chinese government has massively intervened on multiple fronts to rescue its stock market after it slumped over 30 percent in less than four weeks following June 12. But it has struggled to produce a sustainable turnaround.
No comments:
Post a Comment