China to optimize new share issuance pricing, curb online misinformation, securities regulator says

China's securities regulator will optimise the pricing mechanism for new share issuance and rules for margin trading, and strengthen oversight over algorithmic trading, it said in a document released on its website on Monday.

Authorities will crack down on insider trading, market manipulation, and misleading and fabricated online information that disrupts the securities and futures markets, China's Securities Regulatory Commission said.

The guidelines were aimed at protecting small and medium-sized investors in the country's capital market, the regulator said.

Reuters