China futures exchange imposes limits to curb 'speculation'
BEIJING (Reuters) - China has restricted 164 investors in the stock futures market from opening accounts for a month to temper "speculation", the China Financial Futures Exchange said in a statement on Wednesday.
The curbs came as volatile Chinese shares slipped again on Wednesday after simultaneous cuts in interest rates and the reserve ratio failed to whet demand for stocks.
(Reporting by Kevin Yao and Meng Meng; Editing by Ryan Woo)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Israeli airstrikes in Gaza kill two people, including a 4-year-old boy, medics say
- Wartime election would 'destroy' Ukraine, Zelenskiy says
- Australia confirms first H5N1 bird flu case in local mammal
Create E-mail Alert Related Categories
Forex, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share