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Business News - SHANGHAI (Reuters) – It is not known if any geomancers saw this one coming. China’s securities regulator has launched a crackdown on brokerages using fengshui to predict stock market trends in their research notes or investment advisories, state media reported on... Read more at www.tnp.sg
SHANGHAI - China's securities regulator launched a crackdown on brokerages using feng shui to predict stock market trends in their research notes or investment advisory businesses, state-owned media reported on Wednesday (March 30). China Securities Regulatory Commission said it holds "zero tolerance" towards illegal behaviour in the stock market and has punished some brokers who analysed, forecast, or offered investment...
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The latest crackdown also came at a time that Chinese stock markets are experiencing higher volatilities.