CSRC looks to reduce 'irrational' speculation
By Chen Jia | China Daily | Updated: 2012-02-24 07:47
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Investors who buy shares on the first day of trading, eager for short-term returns, help fuel speculative investments and disrupt share prices. Roughly 94.7 percent of new-share speculators made a loss, a statement by the China Securities Regulatory Commission said on Thursday. A Kai / for China Daily |
Regulator says weak governance to blame for shareholder losses
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