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China Daily | Updated: 2015-09-03 07:35
Governments and policies
CSRC punishes 3 firms for 'illegal' trading
The China Securities Regulatory Commission said it will punish three companies for running what it called illegal securities operations, according to a statement published on Wednesday. The companies were named as Hangzhou-based Hundsun Technologies Inc, Shanghai-based Mecrt Corp and Hangzhou-based Hithink RoyalFlush Information Network Co Ltd. The CSRC said they offered investors the chance to trade shares without opening accounts under their real names.
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