Manipulation probe launched into 18 A shares as market hits new high
By Li Xiang | China Daily | Updated: 2014-12-20 08:10
Investigations are being conducted into alleged market manipulation of 18 A-share issues, the China Securities Regulatory Commission said on Friday.
The CSRC's announcement came after equities hit a four-year high on Friday, with the benchmark Shanghai Composite Index rising 1.67 percent to 3,108.6 points.
Mainland stocks have surged this year in highly volatile trading, triggering concern about speculative trading.
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