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Per the Global Times: "China's top............>

CHINA
CHINA: Per the Global Times: "China's top securities regulator listed 258
illegal platforms and institutions operating illegally in the over-the-counter
(OTC) options market. The warning came as Chinese A share market has seemingly
entered a bull market with A shares rising for the 7th day on Wednesday. In an
online circular, the China Securities Regulatory Commission warned investors
that under the country's new securities law, such practices by a non-brokerage
firm are illegal. Operators of such business face legal penalties and
participants don't have their rights protected by void contracts."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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