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