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    Economy

    China police find clues of illegal stock trading

    1
    2015-07-12 18:28Xinhua Editor: Wang Fan

    工作組發現個別貿易公司涉操縱證券期貨交易等線索

    記者12日上午獲悉:7月10日上午,公安部副部長孟慶豐率跨部門工作組抵達上海。工作組現已發現個別貿易公司涉嫌操縱證券期貨交易等犯罪的線索,正在依法開展調查。

    An investigation team led by China's Vice Minister of Public Security Meng Qingfeng has found clues that certain trade firms have suspectedly manipulated futures trading in the stock market.

    The team is currently carrying out further probes. It did not give other details.

    The investigation team visited the head office of the China Securities Regulatory Commission on Thursday morning to investigate what it called "malicious short-selling of stocks and stock indices", an example of the dodgy practices many believe were part of the recent stock over the past few weeks.

    The team arrived in Shanghai on Friday to search for further clues on such illegal practices.

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