Regulator announces price manipulation probe
20:16 UTC+8, 2021-05-17
0
China Securities Regulatory Commission to investigate after allegations are posted online and said it is determined to adopt a zero tolerance approach to illegal activities.
20:16 UTC+8, 2021-05-17
0
China’s securities regulator is to hold an inquiry into alleged stock manipulation of some listed firms in response to media reports.
The China Securities Regulatory Commission posted a statement on Sunday saying it will investigate several firms, including Jiangsu Lettall Electronic Co and ZOY Home Furnishing Co.
It said it is determined to adopt a "zero tolerance" approach to all kinds of major illegal activity, including malicious market manipulation and insider trading.