Closer Look: Stock Regulator Gets Tough, Needs to Keep Resolve

(Beijing) – A regular press conference last week by the China Securities Regulatory Commission (CSRC) turned out to be anything but routine.

Many were surprised by a tougher stance the stock regulator has suddenly taken toward implementing its own rules. For example, it said Shenzhen-listed Dandong Xintai Electric Co. will probably get booted from the stock exchange soon, after a preliminary probe found it guilty of fraud.