China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1838)	12/9/2003 12:36:37 PM
From: RealMuLan	Read Replies (1) of 6370

China shuts down another brokerage Second closure in two weeks hints at quickening reforms CHINA'S securities watchdog has shut a local brokerage for violating rules, the second such closure in less than two weeks, suggesting an overhaul of the sector is gathering pace. The China Securities Regulatory Commission (CSRC) closed Xinhua Securities Co Ltd, based in Changchun in the north-eastern province of Jilin, a CSRC spokeswoman said. 'Xinhua Securities was found to have seriously violated rules,' the spokeswoman told Reuters without elaborating. business-times.asia1.com.sg

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