日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Appeal of ex-Everbright Securities executive rejected

By Cai Xiao (chinadaily.com.cn) Updated: 2014-12-26 13:58

Background: Everbright Securities fined for insider trading

Appeal of ex-Everbright Securities executive rejected

A "fat finger" trading incident involving more than 7.2 billion yuan ($1.17 billion) at Everbright Securities Co Ltd on Aug 16, 2013 exposed regulatory flaws and weak links in the workings of the nation's capital markets. Regulators are still investigating the trading error. [Photo / China Daily] 

China's securities watchdog confirmed that abnormal trading on Aug 16 by Everbright Securities constitutes a number of legal and regulatory violations and has slapped fines totaling 523 million yuan ($84.75 million) on the company.

China's securities watchdog confirmed that abnormal trading on Aug 16,2013 by Everbright Securities constitutes a number of legal and regulatory violations and has slapped fines totaling 523 million yuan ($84.75 million) on the company.

Bourse defends handling of Everbright glitch

The Shanghai Stock Exchange, the largest bourse in China by market capitalization, has defended its handling of a recent incident in which transaction sums were incorrectly inputted for Everbright Securities, misleading investors.

The exchange said that its handling of the incident on Aug 16, 2013 was in accordance with regulations and precedents.

"Both the price and sum of the purchase orders placed by Everbright Securities during morning trading last Friday were within the stipulated range of the exchange, so we didn't issue any warning to the market," said the exchange in an online media briefing via its Weibo, or microblog, account.

Regarding the glitch being caused by a mistake in inputting transaction data, the exchange upheld its decision to not issue any warning by citing precedents such as an incident involving Taiwan Fubon Securities in 2005, when a trader mistakenly inputted an 80 million-yuan order as 8 billion yuan.

Erroneous trading by Everbright Securities on Aug 16 caused a 5.96-percent spike in the benchmark Shanghai Composite Index in about three minutes.

Investors have been dissatisfied with the exchange's failure to alert them quickly to the glitch as they chased rising stocks and suffered great losses subsequently when prices tumbled.

Sunday's explanations from the exchange generated largely negative responses from netizens, who tend to think the exchange could have done more to warn investors of possible risks.

"The exchange is finding excuses through others' faults in failing to issue warnings," said a Weibo user with the screen name "Youyudeshengling."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 五月天婷婷丁香 | www.色妞| 久久福利网 | 亚洲精品国产精品乱码不卡√香蕉 | 婷婷丁香久久 | 毛片在线网 | 久久综合精品视频 | 成人免费视频网站在线观看 | 亚洲专区欧美 | 亚洲福利小视频 | 伊人综合影院 | 2021av| 婷婷狠狠操| 香蕉视频成人 | 夜夜操天天| 成人在线天堂 | 成人看片在线观看 | 婷婷激情四射网 | 久久久www成人免费精品 | 久操精品视频 | 亚洲一区二区在线视频 | 国产精品1页| 日本精品视频一区二区三区 | 九九热在线观看视频 | 久久久青青青 | 麻豆视频免费入口 | 午夜av在线播放 | 日韩免费在线观看视频 | 国产一区二区三区视频在线观看 | 69av在线视频 | 亚洲字幕av一区二区三区四区 | www国产com | 亚洲综合五月天婷婷丁香 | 欧美久久久久久久久久 | 国产性xxxx高清 | 久久久综合 | 亚洲精品三区 | 国产精品爱啪在线线免费观看 | 久久看片网| 亚洲国产不卡 | 校园春色第一页 |