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No circuit breaker in next years: China securities regulator
Source: Xinhua |
March 12, 2016, Saturday
|
Online Edition
Online Edition
CHINA will not relaunch the circuit breaker mechanism in its stock market in the next several years, Liu Shiyu, head of the securities regulator, said Saturday.
In January, the circuit breaker mechanism, which halts trading when stock prices rise or fall by a certain percentage with intention of reducing volatility, was withdrawn abruptly after it panicked investors instead.
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