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China securities regulator hands out record high fine

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EXECUTIVE SUMMARY

China's securities regulator slapped a 3.47 billion yuan (about 504 million U.S. dollars) fine on a company chairman for stock market manipulation, an all-time high for a fine.

Key Takeaways

  • China securities regulator hands out record high fine.
  • China's securities regulator slapped a 3.47 billion yuan (about 504 million U.S.
  • dollars) fine on a company chairman for stock market manipulation, an all-time high for a fine.

China's securities regulator slapped a 3.47 billion yuan (about 504 million U.S. dollars) fine on a company chairman for stock market manipulation, an all-time high for a fine.

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Published originally on Xinhua News - China

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