China's police will investigate clues pointing to potentially "malicious" short-selling of Chinese shares, state news agency Xinhua said on Thursday, amid a slide in the Chinese stock market which has plunged nearly a third in the past month.
China's securities regulator took the drastic step of banning shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.
The $3.7-trn wipe-off in the Chinese stock market may result in greater flow of investments from China into some high-growth sectors in India
Beijing's response underlines need for deeper reforms
If the market fall accelerates the economic slowdown, other countries that have not been affected by China's market fall will be hit soon