China stocks czar faces battle to win back investor trust

SHANGHAI (Reuters) – In little over six months as China’s top securities watchdog, Guo Shuqing has let loose a flurry of reforms targeting insider trading, market manipulation and dodgy disclosure that have hamstrung China’s stock markets even as its economy surges. But China’s more than 72 million retail investors, who account for about three-fourths of trading on the domestic stock exchanges and have been burned repeatedly in the weak and volatile markets of recent years, remain skeptical. “It doesn’t make a difference who’s in charge,” said Si Jun, a 62-year-old retired taxi driver. …

China stocks czar faces battle to win back investor trust SHANGHAI (Reuters) – In little over six months as China’s top securities watchdog, Guo Shuqing has let loose a flurry of reforms targeting insider trading, market manipulation and dodgy disclosure that have hamstrung China’s stock markets even as its economy surges. But China’s more than [...]