Chinese police find "clues" of illegal share trading
Following our report on Friday that the Chinese police were investigating with the China Securities Regulatory Commission (CSRC) suggestions of "malicious" short-selling of shares, it has now been confirmed by the police they have found "clues" of suspected manipulation trading in securities and index futures, which is seen as a contributing cause of the stock market rout over the past month. &nbsp;The CSRC said in a statement on Sunday that a national probe will be launched into brokerage accounts and it is believed that some of the trading companies suspected of manipulation will be named soon. &nbsp;Separately, the Cyberspace Administration of China has ordered all adverts be removed from media or online websites which are illegally promoting margin loans through the mainland grey market.
Public security task force heads to Shanghai in search of 'malicious short-sellers' as weary investors brace for another week of volatility