You are here

Message apps pose growing risk for China securities regulator

Some institutional investors are using them to instruct brokers, making it harder for regulators to monitor trades

BT_20160107_KVAPPS7_2053745.jpg
A growing number of Chinese retail investors are opening trading accounts on messaging and social media app WeChat. In China, retail investors account for 80 per cent of share market volume.

Shanghai

A GROWING number of China's retail investors are opening trading accounts on messaging and social media app WeChat, and some institutional investors are even using it to instruct brokers, making it harder for regulators to monitor trades and spot illegal activity, traders and

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom