New securities chief reveals tough intentions
By Chen Jia and Huang Tiantian | China Daily | Updated: 2013-03-26 08:00
No one should have any doubts about how tough the country's new securities regulator Xiao Gang wants to be.
On Friday, just four days after the former Bank of China chairman was appointed boss of the China Securities Regulatory Commission, three listed firms received investigation notices for being suspected of having released false and misleading information.
The move sent a clear message to the market, that the law is the law, and must be followed.
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