Markets worry CSRC will crack down on financial industry

Concerns that the China Securities Regulatory Commission will take action after another trading mishap by Everbright Securities have pushed down share prices of brokerages. Everbright mispriced a bond sale Monday, days after it sparked volatility in the stock market with an erroneous trade. "Everbright's saga will likely lead to a campaign by the regulators to tighten scrutiny over relevant practices across the brokerage sector," Capital Securities analyst Amy Lin said.

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