The Business Times

China regulator to probe possible stock market manipulation

Published Thu, Jul 2, 2015 · 11:41 PM

[SHANGHAI] China's securities market regulator said it would investigate suspected market manipulation after a slump of around 20 per cent in Chinese stocks since mid-June.

The China Securities Regulatory Commission had established a team to probe market manipulation, "especially clues of illegal manipulation across markets", spokesman Zhang Xiaojun said in comments on the CSRC's official Weibo microblog late on Thursday.

Mr Zhang said the regulator would send any cases it finds to the police for further investigation.

REUTERS

BT is now on Telegram!

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

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here