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China Business & Economy

CCP Replaces Head of Securities Regulator, Restricts Short-Selling Amid Stock Market Meltdown

The regime’s ‘only buying, no selling’ order angers the Chinese public.
CCP Replaces Head of Securities Regulator, Restricts Short-Selling Amid Stock Market Meltdown
A woman leaves the stock exchange building in Shanghai, China, on Nov. 4, 2020. Hector Retamal/AFP via Getty Images
Alex Wu
2/11/2024|Updated: 2/12/2024
0:00

China’s ruling Chinese Communist Party (CCP) has replaced the head of its securities regulator, as public anger grows over the Chinese stock market crash.

Meanwhile, the communist regime has resorted to administrative intervention to stop stocks from plunging.

Alex Wu
Alex Wu
Author
Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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