国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

Financial crime crackdown to be stepped up

By Zhang Yan and Li Xiang (China Daily) Updated: 2015-09-24 10:54

Financial crime crackdown to be stepped up

A man checks share prices on his mobile phone while waiting for his coffee at a Starbucks branch in Beijing July 16, 2015.[Photo/Agencies]

Investigations and crackdowns on insider trading and market manipulation are to be intensified by China's national prosecuting departments.

The move follows recent turmoil in the country's stock market and is aimed at maintaining order in financial markets, the Supreme People's Procuratorate said on Wednesday.

Xiao Wei, a spokeswoman for the SPP, said at a news briefing that national prosecutors arrested eight suspects involved in six cases of alleged leaking of listed companies' inside information between January and June. The number of such cases increased by 50 percent year-on-year, according to the procuratorate.

Cases involving manipulation of the securities and futures markets, as well as insider trading using private information have also risen sharply, but Xiao did not give any figures.

Nie Jianhua, deputy director of the SPP's Prosecuting Department, said police have combated such crimes and are conducting further investigations into other cases involving information leaks, speculative short-selling and spreading rumors that have jeopardized market order.

Short-selling involves dumping shares in anticipation of a fall in their price and buying them back to make a profit.

"We will examine the evidence promptly as cases are transferred to us when police complete their investigations," Nie said. "Once crimes have been identified, we will speed up arrests and prosecutions to ensure economic security."

The intensified government crackdown on financial crimes follows a police investigation into several senior executives at the country's largest securities brokerage, CITIC Securities Co, for alleged insider trading and information leaks.

Zhang Yujun, assistant chairman of the China Securities Regulatory Commission, is also under investigation for suspected "serious violation of discipline and law".

China has conducted a concerted campaign involving several government authorities to shore up the stock market, which suffered a dramatic summer fall after the benchmark Shanghai Composite Index peaked at 5,166.35 points in mid-June.

On Wednesday, the index fell by 2.19 percent, or 69.73 points, to close at 3,115.89.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
北安市| 宜州市| 玛沁县| 乌海市| 固安县| 玉屏| 英超| 福贡县| 青神县| 菏泽市| 永修县| 山阴县| 阜新| 都匀市| 漳州市| 灵石县| 久治县| 定安县| 嘉荫县| 满城县| 定结县| 武汉市| 清河县| 安乡县| 买车| 云梦县| 甘德县| 庆元县| 马尔康县| 利辛县| 西乡县| 漳平市| 福泉市| 卓资县| 永顺县| 伊宁县| 金山区| 石首市| 安康市| 高阳县| 泰和县|