The China Securities Regulatory Commission (CSRC), the stock market watchdog, has looked into 17 cases relating to fake news and has imposed “administrative” punishments in 13 cases. Photo: Reuters
Chinese police investigating early April Fools’ Day social media financial rumour
- People’s Bank of China asks police authority to look into speculation it was planning to cut the required reserve ratio last week
- The rumour spread on Chinese social media networks including WeChat and Weibo on Friday before being denied by China’s central bank
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The China Securities Regulatory Commission (CSRC), the stock market watchdog, has looked into 17 cases relating to fake news and has imposed “administrative” punishments in 13 cases. Photo: Reuters
