China Arrests Hundreds Over Stock Market, Tianjin ‘Rumors’

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Mani
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Chinese authorities have arrested nearly two hundred people for allegedly spreading rumors online about the China’s stock market turmoil and the fatal warehouse explosion in Tianjin. The latest announcements come as China is trying to boost its stock markets, which have plunged some 40% since mid-June. Journalist and stock market officials arrested According to state news agency Xinhua, Chinese authorities have arrested 197 people for spreading rumours online about the recent stock market crash and deadly chemical factory explosion in Tianjin. According to Xinhua, a journalist and stock market officials are among those arrested. State media reports that roughly 165…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports