China probes automated trading as stocks slip again
Markets regulator also seeks trading records from banks in Singapore, HK
Shanghai
CHINA'S securities watchdog is investigating the impact of automated trading on share markets, as the authorities step up a crackdown on what they regard as heavy speculative selling that could destabilise the world's second-largest economy.
China's main share markets, both among the world's five biggest exchanges, have lost around 30 per cent of their value since mid-June, but the authorities have been flailing in efforts over the past three weeks to prevent a further selloff.
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