Chinese regulators warn four analysts over Feb 2022 strategy report
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SHANGHAI : China's securities regulator said on Thursday it had issued a warning letter to four analysts at China Merchants Securities who jointly wrote a strategy report last year that the regulator said was neither rigorously presented nor adequately explained.
The research report, published in February 2022 when China was battling the pandemic, predicted that the domestic stock market would still seek bottom following a rebound, as the economy was under heavy downward pressure.
Negative comments by analysts and commentators in China are often censored and have come under increased regulatory scrutiny.