china bars big shareholders from selling
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

China bars 'big' shareholders from selling

Arab Today, arab today

Arab Today, arab today China bars 'big' shareholders from selling

China's market regulator
Shanghai - AFP

China's market regulator has barred major shareholders and executives of listed companies from selling their shares for the next six months, it said in a statement, the latest government action to stem a slide in the markets.

The move aimed to "maintain stability of the capital market and earnestly protect investors' legal rights", the China Securities Regulatory Commission (CSRC) said on its verified microblog late Wednesday.

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