Chinese regulator cracks down on fengshui in stock market forecasts

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SHANGHAI (Reuters) – It is not known if any geomancers saw this one coming. China’s securities regulator has launched a crackdown on brokerages using fengshui to predict stock market trends in their research notes or investment advisories, state media reported on...

China’s securities regulator has launched a crackdown on brokerages using fengshui to predict stock market trends in their research notes or investment advisories, state media reported on Wednesday .

The China Securities Regulatory Commission has “zero tolerance” for illegal behaviour in the stock market, according to the official China Securities Journal. Some brokers have been punished after they analysed, forecast, or offered investment advice by applying aspects of fengshui such as the heavenly stems and earthly branches, also known as tiangan dizhi, Yin-Yang, and Five Elements, the newspaper said.

 

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they dont trust their own Fengshui ?

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