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Some Foreign Institutions Temporarily Suspend Trading Co-op with CITIC SEC/ GUOTAI JUNAN I: Wire
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Due to the Securities and Futures Commission of Hong Kong (SFC)'s investigation on CITIC SEC (06030.HK) and GUOTAI JUNAN I (01788.HK), some foreign institutions temporarily suspended trading cooperation with these two investment banks for compliance considerations, according to Chinese media. CITIC SEC and GUOTAI JUNAN I have not commented. The report added that the impact of the investigation is spreading from the regulatory level to the business level. AASTOCKS Financial News Website: www.aastocks.com |
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