China state media announces confessions in probes into stocks plunge | theSundaily

Chinese state media announced a slew of confessions on Monday following investigations into recent stock market gyrations, including from a detained reporter who admitted to spreading false information that caused “panic and disorder”.

An official from China’s securities regulator had confessed to insider trading while four senior executives from China’s largest brokerage, CITIC Securities , had also confessed to insider dealing, the official Xinhua news agency reported.

via China state media announces confessions in probes into stocks plunge | theSundaily