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China Regulator Urges Caution on Stocks as Trading Hits Record

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Investors must consider risks while putting money into stocks, China’s securities regulator warned yesterday after a buying spree drove daily trading turnover to above 1 trillion yuan ($163 billion) for the first time.

Illegal activities including stock manipulation have recently been “raising their head” and investors should invest rationally, Deng Ge, a spokesman for the China Securities Regulatory Commission, said in a statement on the agency’s website. A stable market is important for the economy, Ge said.