Economic Destabilization, Financial Meltdown and the Rigging of the…

Economic Destabilization, Financial Meltdown and the Rigging of the Shanghai Stock Market

"The possibility of market rigging was investigated by the Chinese authorities in July 2015 following the June 21 meltdown of the Shanghai Stock Exchange (see graph above):

The regulator said [Report July 3] that it would be looking into whether parties were mis-selling financial products. ….

The China Securities Regulatory Commission (CSRC) said it would base its investigation on reports of abnormal market movements from the stock market and futures exchanges.

…. Some reports have accused overseas investors of driving prices down by short-selling stocks on Chinese bourses, meaning they were betting on stocks falling.

… Any criminal cases will be transferred to the police, the regulator said."

http://www.globalresearch.ca/economic-destabilization-financial-meltdown-and-the-rigging-of-the-shanghai-stock-market/5471533

#china #economy #geopolitics #stockmarket #finance #business

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