Chinan stock index
Chinese Regulators Latest Move: Major Stockholders Forbidden from Selling Shares
| Benjie Batanes | | Jul 09, 2015 07:00 AM EDT |
Chinese regulators issued a new ruling on Wednesday prohibiting stockholders who own more than five percent shares in a corporation from selling them within the next six months. Authorities hope that the latest directive can at least pare down the selling frenzy in the Chinese stock market.
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