国内英语资讯:Chinas securities watchdog punishes illegal market operations
<p><span word="BEIJING">BEIJING</span>, <span word="Dec">Dec</span>. 8-- <span word="China">China</span>'<span word="s">s</span> <span word="securities">securities</span> <span word="regulator">regulator</span> <span word="punished">punished</span> <span word="three">three</span> <span word="companies">companies</span> <span word="for">for</span> <span word="price">price</span> <span word="manipulation">manipulation</span> <span word="and">and</span> <span word="insider">insider</span> <span word="trading">trading</span> <span word="in">in</span> <span word="an">an</span> <span word="effort">effort</span> <span word="to">to</span> <span word="protect">protect</span> <span word="the">the</span> <span word="interests">interests</span> <span word="of">of</span> <span word="retail">retail</span> <span word="investors">investors</span>.</p><p><span word="The">The</span> <span word="China">China</span> <span word="Securities">Securities</span> <span word="Regulatory">Regulatory</span> <span word="Commission">Commission</span> (<span word="CSRC">CSRC</span>) <span word="has">has</span> <span word="imposed">imposed</span> <span word="fines">fines</span> <span word="totaling">totaling</span> 1.11 <span word="million">million</span> <span word="yuan">yuan</span> (160,000 <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>) <span word="on">on</span> <span word="three">three</span> <span word="companies">companies</span> <span word="in">in</span> <span word="its">its</span> <span word="latest">latest</span> <span word="crackdown">crackdown</span> <span word="on">on</span> <span word="illegal">illegal</span> <span word="market">market</span> <span word="operations">operations</span>.</p><p><span word="CSRC">CSRC</span> <span word="spokesperson">spokesperson</span> <span word="Gao">Gao</span> <span word="Li">Li</span> <span word="has">has</span> <span word="told">told</span> <span word="the">the</span> <span word="press">press</span> <span word="that">that</span> <span word="the">the</span> <span word="commission">commission</span> <span word="has">has</span> <span word="always">always</span> <span word="maintained">maintained</span> <span word="a">a</span> <span word="tough">tough</span> <span word="stance">stance</span> <span word="against">against</span> <span word="financial">financial</span> <span word="market">market</span> <span word="violations">violations</span> <span word="with">with</span> <span word="iron">iron</span> <span word="fist">fist</span> <span word="measures">measures</span>.</p><p><span word="Thanks">Thanks</span> <span word="to">to</span> <span word="the">the</span> <span word="enhanced">enhanced</span> <span word="crackdown">crackdown</span>, <span word="cases">cases</span> <span word="of">of</span> <span word="rat">rat</span> <span word="trading">trading</span>, <span word="known">known</span> <span word="as">as</span> <span word="front">front</span>-<span word="running">running</span> <span word="in">in</span> <span word="U">U</span>.<span word="S">S</span>. <span word="and">and</span> <span word="European">European</span> <span word="markets">markets</span>, <span word="slumped">slumped</span> 50 <span word="percent">percent</span> <span word="year">year</span> <span word="on">on</span> <span word="year">year</span> <span word="in">in</span> <span word="the">the</span> <span word="first">first</span> <span word="half">half</span> <span word="of">of</span> 2018, <span word="CSRC">CSRC</span> <span word="data">data</span> <span word="showed">showed</span>.</p><p><span word="The">The</span> <span word="Chinese">Chinese</span> <span word="authority">authority</span> <span word="has">has</span> <span word="vowed">vowed</span> <span word="continued">continued</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="prevent">prevent</span> <span word="various">various</span> <span word="financial">financial</span> <span word="risks">risks</span> <span word="and">and</span> <span word="foster">foster</span> <span word="a">a</span> <span word="healthy">healthy</span> <span word="investment">investment</span> <span word="environment">environment</span>. <span word="The">The</span> <span word="country">country</span>'<span word="s">s</span> <span word="two">two</span> <span word="major">major</span> <span word="stock">stock</span> <span word="exchanges">exchanges</span> <span word="have">have</span> <span word="released">released</span> <span word="rules">rules</span> <span word="to">to</span> <span word="force">force</span> <span word="companies">companies</span> <span word="to">to</span> <span word="exit">exit</span> <span word="the">the</span> <span word="equity">equity</span> <span word="market">market</span> <span word="for">for</span> <span word="serious">serious</span> <span word="law">law</span> <span word="violations">violations</span>.</p>
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