Citic was one of three brokers that had been accused by the regulator of providing margin financing and securities lending. Photo: Reuters Citic was one of three brokers that had been accused by the regulator of providing margin financing and securities lending. Photo: Reuters
Citic was one of three brokers that had been accused by the regulator of providing margin financing and securities lending. Photo: Reuters
China /  Money & Wealth

Rare leniency by Chinese security watchdog saved three brokers US$60 million

  • Regulator announces no case to answer after three-year probe and drops fines of US$60 million
  • The companies had been caught up in crackdown that followed the market crash

Topic |   China stock market
William Zheng
William Zheng

Updated: 5:27pm, 7 Nov, 2018

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Citic was one of three brokers that had been accused by the regulator of providing margin financing and securities lending. Photo: Reuters Citic was one of three brokers that had been accused by the regulator of providing margin financing and securities lending. Photo: Reuters
Citic was one of three brokers that had been accused by the regulator of providing margin financing and securities lending. Photo: Reuters
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