Since taking the helm of the China Securities Regulatory Commission last year after his predecessor stepped down following a market meltdown in 2015, Liu Shiyu has famously vowed to pursue what he’s called “barbarians” and “crocodiles” – terms he uses to refer to market manipulators – to safeguard small investors. Photo: AFP

Shanghai exchange freezes broker account after sell-off causes two major stocks to plunge

Broker found to have sold a ‘massive’ number of shares in Ping An Insurance and Industrial Bank, causing a sudden slump in stock prices

Topic |   China stock market

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Since taking the helm of the China Securities Regulatory Commission last year after his predecessor stepped down following a market meltdown in 2015, Liu Shiyu has famously vowed to pursue what he’s called “barbarians” and “crocodiles” – terms he uses to refer to market manipulators – to safeguard small investors. Photo: AFP
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