CHINA TOPIX

04/29/2024 02:35:50 am

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China Stock Manipulation

China Stock Manipulation, Crackdown on Automated Trading

Chinese Executives of Hong Kong Futures Firm Arrested for 'Malicious' Trading

China's Ministry of Public Security on Sunday announced the arrest of two Chinese executives of a Hong Kong futures firm for allegedly engaging in the manipulation of futures prices. This arrest is the first time that Chinese authorities have apprehended persons working for a financial firm owned by non-mainlanders.

China Stock Market

China Stock Indexes Plunge Further Tuesday After Regulators Pledge to Stabilize Market

Chinese shares continued to freefall on Tuesday after experiencing the biggest loss in a single day since 2007 on Monday. At the opening of the trading session on Tuesday, the Shanghai Composite Index and the Shenzhen Composite Index fell by 4.09 percent and 4.06 percent to 3,573.14 and 11,986.25 points respectively.

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Chinese Stocks Fall Again After Recent Recovery

Chinese stocks have once again resumed their downward trend despite a 7-percent rise in the country's gross domestic product (GDP). The stocks started its descent Tuesday and kept falling until the close of Wednesday's trading.

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Investors Continue Selling, Efforts to Shore Up Chinese Stocks Fail

China's stock markets continued to lose value as soon as trade opened on Wednesday. A series of incentives and the filing of charges against market manipulators has failed to calm investors who are still selling their Chinese shares in droves.

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