Saturday, December 15, 2018

Chinese government struggles to shake off stock market gloom

Chinese government struggles to shake off stock market gloom

Lu Yushan, a retired salesman, has advice for investors in China’s slumping stock market: Sell. Lu’s shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading scandals, a cooling economy and a tariff war with Washington. “Investors should get out,” said Lu, watching flickering prices…
China’s stock regulator promises to protect investor interests as the market falls to four-year low

China’s stock regulator promises to protect investor interests as the market falls to four-year...

China’s securities regulator said it had met investors after the nation’s stock market fell to its lowest level in almost four years last week, pledging its commitment to protect their interests and ensure a fair and transparent capital market. In a rare move, Liu Shiyu, chairman of the China Securities Regulatory Commission, held a meeting…
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