CHINA TOPIX

04/28/2024 05:32:38 pm

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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.

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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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