China’s Latest Warning to Equity Investors: No Big Sell Orders
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Stock investors beware: big sell orders in China could land you in trouble with the authorities.
That’s the message from the Shanghai Stock Exchange, which said on its microblog Monday that two trading accounts got verbal warnings for a “large amount of sell orders affecting security prices or volume.” The bourse said the trading was “abnormal,” but didn’t give any details on the two accounts or indicate whether any laws were broken.