China’s securities regulator punished three companies for price manipulation and insider trading in an effort to protect the interests of retail investors.
The China Securities Regulatory Commission (CSRC) has imposed fines totaling 1.11 million yuan (160,000 U.S. dollars) on three companies in its latest crackdown on illegal market operations.
via China’s securities watchdog punishes illegal market operations – Xinhua | English.news.cn.