Wednesday, July 8, 2015

China Enacts Six-Month Ban on Stock Sales By Major Shareholders

As Stocks Plunge, China Enacts Six-Month Ban on Stock Sales By Major Shareholders


As China suffers under a stock market crash that has been compared to the 1929 US crash that sparked the Great Depression, China's Securities Regulatory Commission announced on Wednesday that it is enacting an emergency ban on stock sales by investors with over 5% ownership in a company.


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