Off the wire
• Feature: Work is key issue for migrants in unemployment-hit Italy  • Vietnam passes amended Penal Code, removing death penalty for 7 crimes  • Indonesia to bring forest fire prevention agenda in COP21 Paris  • Tight security mounted as Commonwealth summit kicks off in Malta  • Africa Focus: Africa has high expectations for China-Africa Summit: S. African officials  • French FM envisages cooperation with Syrian gov't army without al-Assad  • Rising lake levels threatens migratory birds  • Israel to open 1st diplomatic mission in UAE  • Chinese top legislator meets Micronesia, Croatia parliament speakers  • British PM announces new funding for Commonwealth counter-extremism unit  
You are here: 　 Home

China penalizes offenders in stock market violations

Xinhua, November 27, 2015 Adjust font size:

China's securities regulator said Friday that it had punished individuals and firms involved in seven cases of stock market violations.

The China Securities Regulatory Commission (CSRC) decided to impose total fines of 43.28 million yuan (6.77 million U.S. dollars) on three individuals, four companies and four legal representatives of companies in the seven cases, in which illegal share-holding reduction, illegal short-term trading and information disclosure were conducted, said Zhang Xiaojun, spokesman of the CSRC.

Up to now, the CSRC has dealt out punishments in 33 such cases.

The commission will continue to crack down on violations in the securities market to protect investors' interests, Zhang said. Endit