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China Cracks Down on Alleged Stock Market Irregularities

Chinese state media announced a new round of confessions by people alleged to have spread online rumors of stock market irregularities Monday, following the arrest of nearly 200 people Saturday and Sunday. Xinhua news reported the latest half-dozen people who face charges are: a journalist, an official with China’s securities regulator and four senior executives of local securities firms, all of whom have been placed under “criminal compulsory measures.” That means they could remain...

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