International

Create a free account with Business Times for seamless access across SPH Media products.

International

Asean Business
Global Enterprise

SUBSCRIBERS

China regulator raps stock market 'crocodiles'

Published Sun, Feb 26, 2017 · 09:50 PM

Beijing

CHINA'S stock market regulator on Sunday denounced the "crocodiles" that prey on small investors, at a time when Beijing is trying to reassure retail investors following the crash of summer 2015.

"In the capital market, being a financial tycoon is only a half step away from being a financial crocodile," said Liu Shiyu, chairman of the China Securities Regulatory Commission (CSRC).

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes