The Business Times
business-time-50

China cracks down on bogus trading accounts

google-preferred-sourceAdd BT as a preferred source
Published Tue, Sep 15, 2015 · 09:50 PM

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 to trade through legal channels, it said in a statement late on Monday.

TRENDING NOW

The hiring push comes as Singapore’s banks expand their wealth franchises across Asia.

Singapore banks’ battle for wealth talent goes beyond private bankers

Buoyed by the international halo of “Singapore quality”, established local F&B brands brought Nanyang flavours to the Chinese market in the early 2000s.

How China outgrew Singapore’s F&B brands

Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

What makes a good job? Feeling that you matter

In hiring for AI-fluent users, companies will do well to better define and test applicants on their capacity for human oversight.

Employers want AI-fluent employees. Hiring them is the challenge

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More