The securities regulator (CSRC) launched the second round of tightening in the equity market: This time securities companies have taken the hit.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/08/10/Chinas-Market-News-CSRC-Widely-Cut-Securities-Firms-Rating-.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news
China’s Market News: CSRC Widely Cut Ratings of Securities Firms
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