(Bloomberg) China’s two main stock exchanges vowed to tighten supervision of quantitative trading after freezing the accounts of a major fund for three days in an unusually harsh punishment.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Largest Covid Vaccine Study Yet Finds Links to Health ConditionsStocks Fall Before Nvidia’s Must-Watch Earnings: Markets WrapUS Tells Allies Russia May Launch Anti-Satellite Nu
(Bloomberg) China’s two main stock exchanges vowed to tighten supervision of quantitative trading after freezing the accounts of a major fund for three days in an unusually harsh punishment.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Largest Covid Vaccine Study Yet Finds Links to Health ConditionsStocks Fall Before Nvidia’s Must-Watch Earnings: Markets WrapUS Tells Allies Russia May Launch Anti-Satellite Nu
(Bloomberg) China has banned major institutional investors from reducing equity holdings at the open and close of each trading day, part of the government’s most forceful attempt yet to prop up the nation’s $8.6 trillion stock market.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Top 2024 DealUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space