日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

Firms punished for illegal trading

By Li Xiang (China Daily) Updated: 2015-09-12 11:58

Four securities firms and a futures brokerage have been fined a combined 178.5 million yuan ($28 million) for carrying out what China's securities watchdog called illegal trading activities which contributed to the recent stock market volatility.

The China Securities Regulatory Commission also confiscated 62.4 million yuan in illegal earnings of the five companies, which included Haitong Securities Co Ltd, Huatai Securities Co Ltd, Founder Securities Co Ltd, GF Securities Co Ltd and Zheshang Futures Co Ltd.

The action follows a crackdown by the authorities on illegal stock financing and trading after dramatic falls in the country's stock exchanges since mid-June.

Deng Ge, spokesman for the CSRC, said the five companies failed to check and verify the identities of clients and knowingly provided services for unqualified investors through a system developed by Hundsun Technologies Inc, a financial software company backed by the e-commerce giant Alibaba Group Holding Ltd.

Deng said their practices violated securities regulations that require the use of real names and identification cards to open stock accounts and trade shares.

Earlier this month, the regulator fined Hundsun Technologies and two other financial software companies 398.6 million yuan for applying the operating systems that allowed investors to trade stocks under false names.

The HOMS system is a stock trading software that divides one registered account into many sub-accounts. The function was used by some online margin lenders and securities brokerages to offer highly leveraged funds to investors to trade stocks without real-name registration.

Funds worth trillions of yuan are believed to have been channeled through the system, which fueled the frenetic rally in the stock market prior to its recent correction, analysts have said.

The regulator revealed it has also fined two individual investors a combined 35.2 million yuan for market manipulation through "spoofing" - a practice of quickly placing and canceling orders to influence stock prices and to reap profits.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本a级片视频 | 黄色xxx| 毛片视频免费 | 99久久久成人国产精品 | 欧美日韩一级二级 | 一区二区三区四区在线视频 | 日韩黄视频 | 91av免费观看 | 欧美日韩高清一区二区三区 | 中文字幕久久久久 | 亚洲色图35p| 欧美无限看| 久草精品在线观看 | 欧美极品在线视频 | 久久av一区二区三区亚洲 | 灵与欲在线观看 | 国产毛片久久久久久久 | 国产精品亚洲视频 | 一级特黄色片 | 午夜8888| 人人澡人人插 | 欧美另类亚洲 | 久操国产 | 视频一区在线观看 | aaa一区二区三区 | 黄色一级网 | 在线观看国产黄 | 免费一级黄色大片 | 天堂在线观看视频 | 欧美a区| av中文字幕一区 | 久久视频 | 亚洲欧美在线免费观看 | wwwxxx日本人 | 成年人的免费视频 | 欧美综合视频在线 | 香蕉精品视频在线观看 | av资源共享 | 午夜在线免费观看视频 | 日本一区二区视频在线 | 国产最新在线视频 |