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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: BigBull who wrote (85165)3/25/2001 8:04:15 AM
From: BigBull  Read Replies (2) of 436258
 
Chinese stock market rigged? I'm Shocked! SHOCKED! ;o}

"Even casinos have rules and you cannot look at other people's cards," declared Wu in an extraordinary public outburst on national television earlier this year.

"But in our stock market some people look at others' cards, cheat and lie. Manipulation, 'stir frying' and price-rigging is paramount," said Wu, a member of a cabinet think-tank and a confidant of Premier Zhu Rongji.

insidechina.com

China Stock Rigging Probe Implicates Most Funds

SHANGHAI, Mar 24, 2001 -- (Reuters) China on Saturday revealed results of a probe that found evidence of widespread price manipulation in its stock markets, with eight of 10 fund management firms engaging in abnormal trading activities.

insidechina.com
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