The Securities And Futures Commission Jointly Investigated The Stock Market'S Malicious Short Selling.

China Securities Regulatory Commission interviewed two brokerages to investigate suspicious pactions in Shanghai and Hong Kong

As report goes,

After the "black Monday", China Securities Regulatory Commission has been hastened to maintain stability. After closing yesterday, through official micro-blog, it threatened to focus on the verification of the related clues such as the centralized sell-off of stocks on Monday.

In fact, the securities and Futures Commission is eager to investigate unusual pactions. The city has even more direct contact with a number of Chinese brokerages in Hongkong. It has asked its senior executives to meet in Beijing and Guangzhou to understand the A share trading situation of Shanghai Stock Exchange.

Involve

suspicious pactions

A Chinese securities brokerage director revealed that the China Securities Regulatory Commission sent a number of Hongkong Chinese brokerages to the Beijing Securities Regulatory Commission and the Guangdong Securities Regulatory Commission last week. Meanwhile, it asked the relevant securities companies to prepare Shanghai stock for more than one share paction data. It is reported that Chinese securities dealers have consulted the Hongkong Securities Regulatory Commission.

A spokesman for the Hongkong Securities Regulatory Commission declined to comment on the news.

The director of the Chinese securities brokerage also said it was rare to attend a meeting in Guangdong securities regulatory bureau, believing that one of the reasons is related to the joint investigation by China Securities Regulatory Commission and the Ministry of public security on malicious short selling.

Earlier, the mainland media quoted the information bureau of Guangdong Economic Crime Investigation Bureau as saying that the organizations and individuals who had malicious short selling would not be excluded, and would involve illegal operations, including investment management companies in the name of "private equity fund", actually engaged in securities consultation or asset management, and such unauthorized illegal agent customers could conduct stock trading.

China Securities Regulatory Commission eager to investigate

The unusual paction has been traceable. The early market has already heard that the Hongkong Securities Regulatory Commission has written to the securities dealers in Hong Kong. It has asked for the trading records of individual Shanghai stock exchanges in the past period. It involves A shares which are relatively unpopular and with a large market value. Since the manipulation of A share market does not belong to Hongkong's jurisdiction over the jurisdiction of the Hongkong stock exchange, it is believed that the SFC is required by the CSRC.