CHINA TOPIX

05/10/2024 07:17:55 am

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China Stock Market

Chinese Regulators Latest Move: Major Stockholders Forbidden from Selling Shares

Chinese regulators issued a new ruling on Wednesday prohibiting stockholders who own more than five percent shares in a corporation from selling them within the next six months. Authorities hope that the latest directive can at least pare down the selling frenzy in the Chinese stock market.

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