China securities regulator imposes record $1.59 billion fines in 2018Christian Fernsby ▼ |
Asia The regulator handed out a combined 310 administrative penalties last year
China's securities watchdog toughened punishment on illegal market activities last year amid strengthened supervision, with total fines and administrative penalties reaching a three-year high.
The regulator handed out a combined 310 administrative penalties last year, up 38.39 percent, according to Yan.
The regulator has vowed to continue its tough stance against all violations to better serve the real economy. ■
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