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China targets stock manipulators amid rout

Investors who used stock index futures to short the market under probe, says report

WEARY INVESTORS: On Thursday, Shanghai's benchmark composite index slumped below 4,000 points for the first time since April.


CHINA'S securities market regulator has opened an investigation into suspected market manipulation, in the latest in Beijing's increasingly desperate attempts to head off a potential stock market crash that could damage an already slowing economy.

After a slump of more than...

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