Tuesday, March 22, 2016
visits regulator
Citing unidentified sources, Xinhua said Vice Minister of Public Security Meng Qifeng had led a team to the office of the China Securities Regulatory Commission on Thursday morning.Temperature ProbeIt did not specify the illegal activities or identify any individuals under investigation.The stock market rout has rattled investor confidence and raised concerns that it could pose an even bigger threat to the world economy than the Greek debt crisis. In Beijing's most drastic step yet, the securities regulator banned investors who own more than five percent of their shares from paring their stakes in the next six months.Searches for the term "Xiao Gang step down" on Baidu and Weibo, China's biggest search engine and its version of Twitter, respectively, showed the phrase "according to relevant laws, regulations and policies, some search results cannot be displayed".However, searching on homonyms for Xiao Gang's name in Weibo yielded postings that called for his resignation. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
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