"Huge Shock": China Launches Crackdown On Cross-Border Stock Selling To Block Capital Outflows
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Source: Zero Hedge
Published: 2026-05-23 01:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Immigration, Asia, Economy & Finance, China, Financial Markets, Elections, Business & Economy, Asia Pacific
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Snippet:
China launched an unprecedented campaign against illegal cross-border trading to stem capital outflows, threatening severe penalties against brokers and ordering non-compliant accounts to be liquidated within two years, sparking a brutal selloff in three popular brokerages.
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