US media: China's crackdown on insider trading to protect investors interests
Reference news network on May 1, US media reports said police formally arrested after several financial industry celebrities, April 29 expressed support for China's leadership to allow market forces to influence Chinese stock market, but called for the strengthening of the protection of investors.
According to the United States, the Wall Street Journal website reported on April 29, CPC requires "maintain the healthy development of the stock market, regulating role of market mechanism into full play," "strengthening market supervision, protection of investors ' rights and interests."
Reports in June 2015, since the collapse of the stock market, the Chinese Government has strict controls on the stock market.
Foreign media quoted Xinhua reported April 29, police recently arrested Ze City Investment Management Co Ltd Managing Director of drama and CITIC Securities General Manager Cheng Boming and others. Drama was arrested for insider trading, but did not provide details of drama and Cheng Boming the respective charges.
It was reported that the drama had been considered one of the most successful investors in China, and is one of China's biggest brokerage CITIC Securities. In both cases the Chinese Government action against market manipulation crime after the collapse of the stock market is the most striking.
Analysts said that drama and Cheng Boming was formally arrested, as well as a member of the above statement shows that China's leadership believes last year's stock market turmoil was over. But at the same time, often chaotic financial system faced new pressures in other areas.
According to the Xinhua News Agency reported, and two other executives of CITIC securities – brokerage commission chief Liu and Xu Jun, head of equity investments have also been arrested. It is still not clear whether these cases are linked, China's stock market tumbled last year prompted authorities to make a strong response.
Reports said the Chinese leadership's position is a top level policy makers expressed confidence in the market's latest statement. To convey this information to the Chinese leadership's intentions, one possible explanation is that MSCI Ming sheng would in the next few weeks to reassess the Shenzhen stock into its emerging market index. Just before last year's stock market turmoil, MSCI has made no decision to this initiative.
China a-shares included in the MSCI emerging markets index means the country enough to allow the global stock market liberalization fund companies for investment. China's hope to receive this recognition from the Government, because it will probably introduce billions of dollars of investment for the Chinese market.
It was reported that in recent months, with shrinking trading volume, volatility of China's stock market is greatly reduced, but the influx of investment from real estate to the iron ore and steel futures and other fields.
(Editors: Zhong Qinghui UN660)
2016-05-01 13:26:45
Reference news
美媒：中国严打内幕交易保护股民利益
参考消息网5月1日报道 美媒称，在警方正式逮捕几名金融业知名人士后，中国领导层4月29日表示支持让市场力量影响中国股市，但要求加强对投资者的保护。
据美国《华尔街日报》网站4月29日报道，中共中央政治局要求“保持股市健康发展，充分发挥市场机制调节作用”，“加强市场监管，保护投资者权益”。
报道称，自2015年6月股市大跌以来，中国政府对股市实行严格控制。
外媒援引新华社4月29日的报道称，警方近日正式逮捕了泽熙投资管理有限公司总经理徐翔和中信证券股份有限公司总经理程博明等人。徐翔涉嫌内幕交易犯罪，但并未详细说明徐翔和程博明各自受到的指控。
据报道，徐翔曾被认为是中国最成功的投资人之一，而中信证券是中国最大的券商之一。这两起案件在中国政府于股市大跌后打击操纵市场犯罪的行动中是最引人注目的。
分析人士说，徐翔和程博明被正式逮捕以及中央政治局的上述表态说明，中国领导层相信去年的股市动荡已经过去。但与此同时，经常出现混乱的中国金融系统在其他领域又面临新的压力。
据新华社报道，中信证券的另外两名高管——经纪业务发展委员会行政负责人刘军和权益投资部负责人许骏也被逮捕。目前仍不清楚这几起案件是否有关联，去年中国股市大跌促使当局作出强力回应。
报道称，中国领导层的表态是顶层决策者表达对市场信心的最新声明。对于中国领导层传递这一信息的用意，一种可能的解释是，MSCI明晟公司将在未来几周内重新评估是否将沪深两市的股票纳入其新兴市场指数。就在去年中国股市出现动荡前，MSCI作出了暂不进行这项举措的决定。
将中国A股纳入MSCI新兴市场指数意味着中国股市的自由化程度足以让全球基金公司进行投资。中国政府希望获此认可，因为这将可能为中国市场引入数十亿美元的投资。
据报道，近几个月，随着交易量萎缩，中国股市波动幅度大大减小，但投资大量涌入从房地产到铁矿石和螺纹钢期货等领域。
(责任编辑：钟庆辉 UN660)
2016-05-01 13:26:45
参考消息