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China regulators probe hedge funds and brokerages amid public outcry on market weakness

The crackdown continues in China as officials are obviously unhappy over how things are unfolding in domestic markets as of late. The report here highlights more unofficial measures taken up, one that I would label as off the books, as Beijing seeks to coerce market participants to side with how they want markets to behave.It is said that the China Securities Regulatory Commission (CSRC) has checked with several major brokers on their short-selling activities in the past weeks. And that the trad...
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Posted: Sep 21 2023, 05:22
Author Name: forexlive
Views: 091027