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China cracks down on bogus trading accounts

Published Tue, Sep 15, 2015 · 09:50 PM
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Shanghai

CHINA says it is cracking down on thousands of stock accounts linked to illegal trading, in its latest bid to restore order to markets pummelled by a rout that has wiped trillions off valuations in the country since June.

The China Securities Regulatory Commission (CSRC) has so far targeted 3,255 accounts, shutting some and forcing others …

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