chinese stock market crash
China's Icahn Has Been Arrested for Insider Trading
| Benjie Batanes | | Nov 03, 2015 08:00 AM EST |
One of the most prominent stock traders in China has been arrested for malpractice. Xu Xiang, general manager and one of the owners of Zexi Investment, made a fortune in the Chinese stock market even during the period that it was struggling. On Sunday morning, Xu was arrested in spectacular fashion by authorities over to suspicions of insider trading.
Defrauded Chinese Investors Stage Protest in Front of Government Regulatory Agency
| Benjie Batanes | | Sep 22, 2015 05:32 AM EDT |
Enraged investors staged a protest on Monday in front of the government regulatory body tasked with safeguarding their interest. The protesters claim the authorities ignored their complaints against a local metal exchange company, which reportedly cheated them of several billion yuan.
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