Chinese regulator cracks down on fengshui in stock market forecasts

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.

they dont trust their own Fengshui ?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Black market for medicines emerging in Russia: RegulatorMOSCOW: Russia\u0027s health watchdog on Wednesday (Mar 30) raised concerns over the online re-selling of pharmaceutical drugs after some sold out as people fear shortages and price hikes due to Western sanctions. While international sanctions do not include imported medicines, media reports have warned th
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China to crack down on tax evasion in livestreaming industryBEIJING: China\u0027s tax regulator said on Wednesday (Mar 30) that it will crack down on tax evasion in its booming livestreaming industry, and will start requiring online platforms to report livestreamers\u0027 identities, income and profits every six months. The State Taxation Administration said on its website t
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »