The chairman of China's securities watchdog argues for stronger risk controls in and tighter oversight of the funds industry, and acknowledges flaws in its regulatory approach last year.
Tag : chinext
The asset manager sees the first ChiNext ETF as a way for bearish managers to short the controversial high-growth Shenzhen board. It comes amid concerns over the small-cap stocks' soaring valuations.
China's securities regulator has warned mutual funds to reduce their exposure to Shenzhen's ChiNext stocks, according to media reports. The allegations have highlighted the board's explosive growth this year.
