Regulators in Asia Sound Alarm on Social Media-Driven Volatility
Provided by Dow Jones By Quentin Webb Officials in two of Asia's biggest financial centers are watching U.S. markets warily, concerned that local investors could get hurt by piling into American meme stocks, or that the behavior could spread to their home turf. On Wednesday, Hong Kong's Securities and Futures Commission warned investors about "the risks of trading highly volatile securities, including overseas-listed stocks as investment discussion forums in social media gain prominence and become increasingly influential." "Investors should carefully manage mark...