Chinese Regulators Probe Monday’s Stocks Selloff as Rout Deepens
Chinese Government Support Tested as Stocks Extend Rout
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China’s securities regulator is investigating the stocks selloff on Monday that sent the nation’s benchmark index to its biggest loss in eight years.
The China Securities Regulatory Commission set up a legal enforcement taskforce on Tuesday to check for clues related to the large-scale selling, spokesman Zhang Xiaojun said in a statement on the regulator’s website. The CSRC will examine stock exchanges’ monitoring and complaint reports, without giving more details.