Author Topic: 820 china stock limit up  (Read 245 times)

Offline bankerman

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820 china stock limit up
« on: July 09, 2015, 12:41:01 PM »
As expected:

China bans big shareholders from cutting stakes for next six months
BEIJING/SHANGHAI (Reuters) - Chinese stocks bounced on Thursday, after the securities regulator banned shareholders with large stakes in listed firms from selling, in Beijing's most drastic step yet to stem the dramatic plunges that have roiled global financial markets. As the daily drumbeat of official announcements aimed at propping up the sinking equity market continued, state news agency Xinhua said police…