China's Crackdown On Online Foreign Trades Will Increase Capital Flight

China's Crackdown On Online Foreign Trades Will Increase Capital Flight Authored by Anders Corr via The Epoch Times, The regime in China imposed a crackdown against three online brokers that serve mainland Chinese clients by facilitating their foreign securities trades. The crackdown worries the Hong Kong financial industry with the threat of harming liquidity, initial public offerings (IPOs), and cross-border capital flows in the world’s top capital market for the first quarter...

By Tyler Durden