China started the landmark connection between the bourses of Shanghai and Hong Kong in late 2014, opening up its closeted share market to the outside world. A similar programme was launched in December linking Hong Kong with Shenzhen, China second stock ... ( read original story ...)
China fines traders in Shanghai-Hong Kong stock manipulation case
SHANGHAI, March 13 (Reuters) - China's securities regulator has fined a group of stock traders more than $173 million for market manipulation, including via the Shanghai-Hong Kong Stock Connect in the first cross-border case of its kind involving the scheme. ( read original story ...)
China Fines Repeat Offender $170 Million for Stock Manipulation
The CSRC’s fine against Tang in the connect case is the highest possible, said Natasha Xie, a Shanghai ... 10 percent of the stock’s daily volume. In 10 days during that period, their activity was more than 20 percent of the market in the shares. ( read original story ...)
China fines trader $170m
Shanghai - Chinese regulators handed down penalties in the country’s first market manipulation case involving the stock exchange connect program between Shanghai and Hong Kong. Tang Hanbo was ordered to pay 250.7 million yuan ($36 million) for allegedly ... ( read original story ...)
China Fines Trader $170 Million, Makes First Stock Link Penalty
Chinese regulators handed down penalties in the country’s first market manipulation case involving the stock exchange connect program between Shanghai and Hong Kong. Tang Hanbo was ordered to pay 250.7 million yuan ($36 million) for allegedly ... ( read original story ...)
CSRC approves IPO applications of 10 firms
has approved the IPO applications of 10 companies. The firms will be allowed to raise a maximum total of 4.9 billion yuan (709 million U.S. dollars), a statement said late Friday. Four of the firms will be listed on the Shanghai bourse, two on the Shenzhen ... ( read original story ...)
China busts first market manipulation case under Shanghai-HK stock link
BEIJING, March 10 (Xinhua) -- China has busted the first cross-border market manipulation case under the Shanghai-Hong Kong Stock Connect, the China Securities Regulatory Commission (CSRC) said Friday. Authorities gave maximum administrative penalties to ... ( read original story ...)